US Economist Kenneth Rogoff 'Germany Has Been the Winner in the Globalization Process'

In an interview with SPIEGEL, Harvard economist Kenneth Rogoff, 58, says it was a mistake to bring all the southern European countries into the common currency. He also argues that Greece should be granted a "sabbatical" from the euro and that a United States of Europe may take shape far sooner than many believe.
A Feb. 12 protest in Athens: "It was a grave mistake to bring all the south European states into the euro zone."

A Feb. 12 protest in Athens: "It was a grave mistake to bring all the south European states into the euro zone."

Foto: Vladimir Rys/ Getty Images
Interview conducted by Sven Böll and Michael Sauga
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