Euro crisis is Also a Crisis of Europe
The euro crisis started as a problem between banks and debtors but (thanks in part to moral hazard) it has now turned into a political and social problem, writes Georg Vobruba on Open Democracy. A complex conflict constellation : distributional conflict in the euro crisis GEORG VOBRUBA This article by Georg Vobruba is published by opendemocracy.net under a Creative Commons [...]
Merkozy Legacy: an EU on Edge of Implosion
It will be decades before the deepening financial and social crisis affecting EU democracies is over and along the way the very EU itself may implode. The popular shorthand answer for all the angst caused to largely innocent voters and taxpayers has been “string up the bankers” but the realities are hugely more complex than [...]
