manent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik in Freiburg, which provides some clues. They see three alternatives for the deficit countries: ** massive reduction in regulations and unit labor costs to regai

anent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik’ in Freiburg, which provides some clues. They see three alternatives for the deficit countries: ¢ massive reduction in regulations and unit labor costs to regain

manent transfer union may be for Germany. Bernard Connolly at Hamiltonian Advisors sent me a recent paper from the Centrum fur Europaische Politik in Freiburg, which provides some clues. They see three alternatives for the deficit countries: ** massive reduction in regulations and unit labor costs to regain