April 15, 2011

Portugal's Undemocratic Bailout

New York Times, New York Times

AP Photo

Insistence by the European Union and the International Monetary Fund that the caretaker Portuguese government commit to a long-term plan of fiscal austerity and economic reform in exchange for a rescue package is misguided.

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TAGGED: Eurozone, Portugal


May 15, 2012
Germany: Watching on the Rhine
The Guardian
Elections in the German state of North Rhine-Westphalia always carry special political resonance for Germany. more ››
There are many things Alexis Tsipras likes about Germany. The leader of Greece's Coalition of the Radical Left (Syriza) party drives his BMW motorcycle to work at the Greek parliament in the morning, Germany's über-leftist... more ››
May 14, 2012
Everyone's Bluffing, Including the Greeks
Matthew Yglesias, Moneybox
Is a Greek departure from the Eurozone imminent? The smart set in the world media seems to have decided overnight that it is, but I'm not so sure. more ››
May 15, 2012
France's Gaullist Foreign Policy
George Friedman, Stratfor
Although Sarkozy went as a committed ally of Germany, Hollande will not necessarily be predisposed to German solutions for Europe's problems. This is somewhat startling in post-Cold War Franco-German relations, but it is very... more ››