December 18, 2012
Inevitable Return of Europe's Crisis
Nouriel Roubini, Project Syndicate
The risks facing the eurozone have been reduced since the summer, when a Greek exit looked imminent and borrowing costs for Spain and Italy reached new and unsustainable heights. But, while financial strains have since eased, economic conditions on the eurozone’s periphery remain shaky.
TAGGED: Germany, Italy, Spain, Greece, Eurozone, Europe