Monetary Union

monetary union: Blame lies more broadly with the flawed political structure of the monetary union s institutions, where a highly integrated financial system coexists with fragmented and unpredictable governance. That structure means it is dangerous to assume that.., according to Wall Street Journal and To understand why Greece and its creditors have repeatedly failed to put its giant debt burden on a sustainable path, look beyond the current-day headlines about the intransigence of a left-wing government in Athens or the tested patience of officials in Berlin and Brussels. (news.financializer.com). As reported in the news.