“Just weeks to save the euro”
Jeremy Warner, formerly of The Independent, says that Mario Draghi, president of the European Central Bank, is running out of time to save the euro, before asking number 831 in my series of Questions to Which the Answer is No: Will Germany let him?
Warner’s headline says that Draghi has “weeks”, but his article says only that it must be done “soon”. Warner’s analysis is absolutely right, but the period over which it will be realised is also interesting.
The Leading Articles blog has done a brilliant analysis using Google searches to discover that, on the internet, “three months” is actually the most popular deadline by which “to save the euro”, at 133,000 mentions, against 93,000 for “one week”, which is the second most popular.
When I said that I thought Warner’s timetable was wrong, Jonathan Portes, the National Institute economist whom I respect, asked: “Too optimistic or too pessimistic? Arguably it’s days …”euro, euroscepticism, headline
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