Otmar Issing: The end is near

Tuesday, 18 October, 2016 - 07:45

The German economist, the former head of  the European Central Bank (ECB), the founding father of the euro Otmar Issing warned that the ECB has grown to its limits when it is negatively for the currency of Euro. According to his words, Euro is going to fall apart like a House of Cards.

Moreover, he declared that the ECB has taken the wrong way from the very beginning. Since the currency became a political tool, according to Otmar Issing, the experiment had failed from the start.