It's a new kind of barbarism, one that sacks countries with fine print.
Regions / Portugal
The European debt crisis has little to do with poor budgeting and everything to do with crony capitalism.
Yes, the far right performed well in Europe's elections. But wherever voters had a clear choice between economic democracy and right-wing xenophobia, they went left.
In order to qualify for the next loan installment, Prime Minister Coelho must convince the European Union and the IMF that he can make draconian cuts.