Europe Still in Socialism's Grip

Europe Still in Socialism's Grip

The news comes on a day when market analysts observe “a sea of red.” European bourses are down 1.5%, China’s growth target is lowered from 8% to 7.5%, and the Greek government’s contingent liabilities are likely to exceed a trillion euros. While Europe’s debts are going through the roof, Viviane Reding has her eye glued to the glass ceiling. The European Commissioner for Justice doesn’t like what she sees.

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