ASSESSMENTS

In the Eurozone, Quantitative Easing Remains Off the Menu

MIN READDec 5, 2014 | 10:15 GMT

A general view of the new headquarters of the European Central Bank in Frankfurt on Dec. 4.

(Thomas Lohnes/Getty Images)

Europe is not built in a way that allows it to consider threats in a unified manner. Instead, national politics interfere with EU decision-making. Ever since the euro crisis of 2012, which saw countries in the European periphery struggling with the effects of a sell-off of their sovereign bonds, the German-influenced European party line has been that countries should reduce budget deficits and undertake structural reforms in order to make themselves more competitive....

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