In view of the above, I concur that policy divergence among advanced economies is likely to remain a central feature of the world economy still for a significant period. In any case, from an emerging market country perspective, it is far better to assume this will be the case and prepare accordingly. What should be the proper response to this scenario?
So we have to preserve the stability and the credibility of this concept. the Greek crisis has shown that this construction has to be made more resilient because it has shown potential cracks. Handelsblatt: What can be done to make the euro stronger?