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ifo Institut für Wirtschaftsforschung e.V. Poschingerstr. 5 81679 München, Germany http://www.ifo.de
Contact Ms Annette Marquardt +49 89 92241604
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ifo Institut für Wirtschaftsforschung e.V.

Den Steuerzahler schonen*

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Unter Missachtung des Maastrichter Vertrages zieht die EU-Kommission einen Rettungsplan nach dem anderen aus der Tasche. Jetzt will sie nicht nur die Staatsschulden vergemeinschaften, sondern zusätzlich auch noch die Bankschulden, indem sie eine "Bankenunion" ausruft.

Aber das ist nicht nur ungerecht, sondern auch ineffizient. Es drückt nämlich die Finanzierungskosten für die Banken der südlichen Länder unter die Marktzinsen, weil es auf eine kostenlose Versicherung durch andere Staaten hinausläuft. Zu viel Kapital fließt von den Kernländern des Euro-Raums in die Peripherie, und das Wachstum in Europa erlahmt.

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* Fgedkwalio kbufe tny Xakah "Orm Wnkjyivlkhld uzqzyvf", Ogffetzqfzch, Ej. 118, 35./06./08. Jvdw 7423, B. 76, kny gvifh ziz Xdfvh "Bfh Kpnvwkem Qiioeay Othrp?", lcq Seirmiy Zhorxqrwh.
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