Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
A current account surplus should be seen for the dangerous signal of imbalance that it is. It is necessary that politicians understand the true nature of the German crisis if Europe’s interminable Wagnerian drama is ever to come to an end.
The euro area needs to stabilise (potentially to recapitalise) the euro area banks: then, and only then, can Greece be allowed the dignity of an orderly default. While I hope and believe that euro area politicians understand this, there is always a risk that politics triumphs over good sense.