May 7, 2012

Don't Strangle Europe with Austerity

Gerhard Schroder, Christian Science Monitor

AP Photo

The emergence of a united Europe is a process that has been going on for decades, characterized by progress but also by setbacks. There have been crises again and again in the history of European unification. Crucially, Europe has always found an answer to these crises and come out of them strengthened in the end. It will be the same this time if the political actors face up to the great challenges [related to the European debt crisis] and muster the political will to overcome them.

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TAGGED: France, Germany, European Union, Gerhard Schroder, Eurozone, austerity

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