Volker Wieland about the state of the monetary union ("Wirtschaftswoche")

Against the background of the developments in Greece, the "Wirtschaftswoche" analyzes the state of the monetary union

The crisis countries have to go on with the consolidation process and their reforms, Professor Volker Wieland said. Banks and governments have to be further disentangled and an insolvency statute for defaulting states has to be created.

("Wirtschaftwoche")