May 11, 2014

They Saved the Eurozone but Forgot Its People

Matthew Yglesias, Vox

The Associated Press

Remember the eurozone crisis? You don't hear much about it anymore, which could easily lead you to the conclusion that the problems have been solved. And to an extent they have been. Nobody thinks the eurozone is going to collapse anymore, and nobody thinks there will be a worldwide banking panic. The only problem is vast swathes of the continent remain an economic disaster area. They saved the eurozone, but not the economies that it comprises or the people who live there.

Read Full Article ››

TAGGED: Eurozone, European Union, Europe, Greece, Spain, Portugal, Germany, Italy, Ireland, France

RECOMMENDED ARTICLES

May 8, 2014
Basque Separatists Watching Catalonia Closely
Imanol Murua, Conv.
There was a time when Catalan separatists looked at the Basque country enviously. Its independence movement seemed to have a strength and determination that the Catalans lacked. more ››
May 8, 2014
In Europe, the Far Right Rises Again
Sonni Efron, Los Angeles Times
In both Greece and Hungary, the far right is clearly growing in popularity. The question now becomes the degree to which voters in these countries and across Europe are becoming accustomed to the rhetoric of the neo-fascist... more ››
May 5, 2014
A Surge of Anti-EU Populism Across Europe
Patrick Smyth, Irish Times
The Irish election takes place in the context of a broader Continent-wide election which is probably more important than any in recent years in setting the EU’s direction politically and economically and the depth of its... more ››
May 2, 2014
Italy's Long Slide
Raymond de Souza, National Post
The question for workers in Italy today is not as dramatic as it was for much of the 20th century — is the path to true liberation found in the free economy or in a state-planned one? It is though more vexing, in that the... more ››
May 8, 2014
How French Leftists Learned to Love Austerity
A. Haldenby, Spectator
For years, George Osborne cut a rather lonely figure on the European stage. He was portrayed as the only major statesman who advocated austerity. But finally he has some company. Another European leader has burst away from the... more ››