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The weaker countries would benefit from even looser monetary policy.
But then the markets raised the risk premiums on the weaker countries with a vengeance.
Increasingly, it comes from a range of smaller, militarily weaker countries and international terrorists.
This would be potentially devastating for the weaker countries in the pack.
"The logic of currency unions is that the stronger countries help the weaker countries".
The weaker countries leave the single currency and run independent monetary policies tailored to their circumstances.
Germany became an economic powerhouse in part by exporting so much to weaker countries like Spain.
She wants the weaker countries (including even France) to clean house before loosening German purse strings.
That is a lesson Europe's weaker countries may learn by following Germany's lead.
Will a reduction of market pressure slow weaker countries' long and painful march to reform?
Mr. Borg warned that volatility in markets could "tear the weaker countries apart".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com