Poor Bulgaria. Once again the Germans are headed her way—this time armed with nothing more than a change of currency and the policies of austerity that go along with it.
Posts Tagged: bailout
Despite Cyprus' small size, the implications of its bailout deal deal could have serious consequences for the eurozone.
The Spanish bailout is yet another witches brew of cutbacks, layoffs, and austerity.
If Spain and Italy are forced to apply for bailouts, it is not clear the European Union or the euro would survive.
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.