May 21, 2012

Euro Political Revolt Teaches Asia a Lesson

Paul Donovan, Jakarta Post

AP Photo

Elections should not be viewed as votes on a single issue. Greece has not voted to reject the Euro. France has not voted to change its relationship with the rest of the eurozone. The motives for voting are complex. The fact that Greece saw electoral success for parties hostile to the euro bail out and austerity measures does not mean that the population at large shares that overall hostility to the same degree.

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TAGGED: Eurozone, Asia, Greece, Netherlands, France, Europe

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