Following is a timeline of the key steps on the road to the euro currency, from the Bretton Woods conference in 1944 to last week’s agreement to set up a “fiscal compact” among countries using the single currency.
I was the first non-German since 1933 to head Coca-Cola in stoic, sophisticated West Germany, which was then vying with Japan to be the company’s largest international division. As division president of Central Europe, I also had Switzerland and Austria under my auspices. But Germany was the focus.
A Berlin court will tomorrow examine who is the rightful owner of a 400-year-old gilded chain that lay buried in an East German graveyard to conceal it from Soviet authorities and was dug up by stealth 20 years later.
Germany’s Chancellor Angela Merkel has at last opened the door to the possibility of writing off Greek debts, but only several years from now. As they decide on the right thing to do, Germans should take a close look at their own history.