David McWilliams: Italy has done us a huge favour by defeating Germany on monetary policy
The Germans have been boxed in by Italy. Fiscal policy has become monetary policy
Hans Tietmeyer: Banker who led German transition to euro
Obituary: ‘Tietmeyer expressed doubts about whether the euro could be sustained without a strong European central government to enforce fiscal discipline’
One of architects of European single currency dies
Ex-Bundesbank president Hans Tietmeyer had key role in creation of European Central Bank
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