07.09.2011 - 06:40 [ Business Day ]

Europe going Soviet, say German dissenters

Chancellor Angela Merkel’s government, and in particular Finance Minister Wolfgang Schaeuble, were using the opportunities provided by the euro’s failure to transform the European Union into a federal state, Prof Karl Albrecht Schachtschneider said yesterday. The erosion of power of Germany’s parliament relative to the government was a „dictatorial“ process.