Can the EU still unite a continent shattered by world wars, or is it little more than a vehicle for austerity capitalism?
Posts Tagged: euro
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.
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.