 AP Photo What is lacking are politicians with the courage to tell their voters the basic hard truths - of how this crisis happened and what it will take to dig out. TAGGED: Germany, Greece, Italy, Spain, France, Europe, EurozoneRECOMMENDED ARTICLES| The arc of Europe's postwar history is turning toward tragedy. It isn’t just that much of the continent has fallen into a new Great Depression, or that in some countries things will get worse before they get better. It... more ›› |
| If Merkel approved still more concessions to keep Greece within the eurozone, the lesson for Italy, Spain and any other nation looking for a bailout would be that brinkmanship works: Wait long enough, and the Germans will fly... more ›› |
| The eurozone's 'Latin Bloc' is in full revolt. The trio of French, Italian, and Spanish leaders - backed by world powers - are to push for a radical shift in Europe's economic strategy at crucial summit on Wednesday. more ›› |
| If dismantling the euro is out of the question, true federal finance is unavailable and mutual solidarity will remain limited, what is left? The answer is faster adjustment, to bring economies back to health. Indeed, that... more ›› |
| Bankers may work as long as they wish on financial devices in the face of chaos, but they have no control over political developments. All their efforts must assume politicians and voters will play along; that nations with... more ›› |
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