Posts Tagged: bailout
If Europe's economic situation fails to improve, the far right will be waiting to pounce again with their easy answers: nationalism and racism.
In upcoming votes for the EU's most indebted countries, the left will have to battle both the forces of austerity and a resurgent xenophobic right.
It's a new kind of barbarism, one that sacks countries with fine print.
Greece's left-wing government stood up to their creditors, only to be politically executed. Is the far right set to pick up the mantle?
Europe's proven plenty capable at regulating lightbulbs and vegetables. But it's failed utterly at making democratic decisions about money.
From Athens to Tehran, powerful countries make the rules and break the rules. Everyone else just squeezes the best deal they can — for now, anyway.
The European debt crisis has little to do with poor budgeting and everything to do with crony capitalism.
Throughout Europe, extremist right-wing parties have been on the rise and radical ideas are gaining traction.
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.
Despite Cyprus' small size, the implications of its bailout deal deal could have serious consequences for the eurozone.