The Financial Times (FT) has frequently ranted against the austerity measures imposed on other EU members by Germany, but also voices skepticism about the utility of the European Central Bank's impending quantitative easing (QE) via purchases of sovereign bonds. 2015 in Europe The Financial Times (FT) has frequently ranted against the austerity measures imposed on other EU members by Germany, but also voices skepticism about the utility of the European Central Bank's impending quantitative easing (QE) via purchases of sovereign bonds. Some describe the impending QE as desperate and a misdiagnosis of the problem. The FT suggests a last, desperate grasp at what would be termed federalism in the U.S.; greater flexibility for member states to...