THIS DETAILED AND THOUGHT-PROVOKING BOOK, WRITTEN IN GERMAN INCLUDING AN ENGLISH SUMMARY, EXAMINES THE ECONOMIC PROBLEMS FACING THE EUROPEAN UNION

The establishment of the European Union was entered into with good will and high hopes.

The usefulness of this union, however, has been called into doubt by the recent economic turmoil faced by many members of the EU. The bailouts of Greece and Ireland have come with the staggering price tag of 260 billion USD, and more nations, such as Spain and Portugal, and even Italy and Belgium, are on the brink of danger. The nations of Germany and France cannot afford to bail them all out. The European Union, the latest in a long line of Great Hopes, has become an economic entity and not a political one.

How did the great EU find itself in this situation? In his topical and thoughtful discussion and evaluation of the current situation, Fehlschlag EURO: Rückkehr zu flexiblen EURO- Kursen?, Helmuth Jordan pinpoints the root cause of this economic-and therefore political-instability. He poses the argument that rather it would be in the Union's best interest for the EURO CURENCY to be allowed to float, within certain limits within the next ten years. Each year the limits would narrow on this "flexible EURO," until market forces determine the final value. This would lead to a much smoother economic transition for the member nations than the arbitrary settlement of rate of exchange set on January 1, 2000.

Such a prescription has far-reaching consequences for the EU, also globally. An unstable Europe has been the starting point of the two largest conflicts the world has ever seen. The noble political purpose of the Union cannot be achieved without a stabilization of its economic currency.

Noted German Economic Professor and Strategist Hans-Olaf Henkel, author of the recently published book Save Our Money, shares the solutions put forth in Fehlschlag EURO. Prof. Henkel says of Jordan's analysis, "We both agree on the goal: a currency should reflect the economic, cultural, and fiscal surroundings of each nation. A EURO of Northern Europe and a EURO of Southern Europe would in my opinion reach that goal."

Should the European Union allow its members to cascade into economic turmoil, bringing down its power, growth, and accord, or should steps be taken immediately to stabilize the area? If the European Union does not want to fall like a house of cards, the Euro Currency urgently needs correction by the introduction of a flexible Euro for a limited period. In Fehlschlag EURO, Helmuth Jordan provides intelligent, reasonable, and accessible answers to these questions. This is work that no forward-thinking person can afford to miss.

Dorrance Publishing Co., Inc. is pleased to announce the publication of Fehlschlag Euro: Rückkehr zu flexiblen EURO- Kursen? ($15.00) ISBN: 978-1-4349-0668-7, paperback, Publication Date: 2010. For more information, please go to www.dorrancepressroom.com or contact Jessica Cunningham Stillwell, Promotion Manager, at 701 Smithfield Street, Pittsburgh, PA 15222, phone: (412) 288-4543 or fax: (412) 434-8430. To place a book order, request a review copy, or to learn important information about shipping prices, tax, and our returns policy, please call our Merchandising Coordinator at (800) 788-7654.