Three conversations on the future of Europe

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Conversation 1: Jeroen Dijsselbloem, President of the Eurogroup

  • In response to a question from Fred Bergsten about German surpluses, Dijsselbloem said that Northern European countries do need to reform and increase demand.
  • He also said that there is not a clear North-South divide anymore.
  • Trust of the outside world has returned. Trust between EU members needs to be encouraged.
  • Allow more flexibility on the fiscal side to those countries that reform their labor markets ('reward countries by giving them time')

Other quotes:

Conversation 2: Schäuble

Eurozone at a crossroads (again): A conversation with Wolfgang Schäuble

Worth noting that:

  • Schäuble said that Germans, and other Europeans, are too risk-averse and that the trans-Atlantic differences in risk-aversion will be an obstacle for TTIP negotiations.
  • He said that he consistently asks German citizens to bash Greeks, and that he tries to remind the press that most Germans are suffering less than Greeks.

Other people noted the following parts of the speech / Q&A:

Conversation 3: Greek Finance Minister Yanis Varoufakis

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