Wednesday, February 1, 2012

CNN: Why It's Too Late to Save Greece's Sovereignty

This article addresses the Eurozone debt crisis, specifically the bailout for Greece from Germany and the rest of the European Union. The original bailout plan for Greece was flawed from the onset and German leaders are furious with Greece. Yet again they have to go back to their electorates asking for more billions to throw down the black hole that is the Hellenic Republic. They have now become so angry that they are even openly proposing that Greece's fiscal affairs be deferred to some European Commissioner. The German economy and German citizens have been heavily scrutinized over the past months because they are the largest economy in the Eurozone. Is it fair to continue criticizing Germany's choices? Do you think that the Eurozone can continue to survive with the large structural imbalances that exist within Europe?

(Read the whole article here)



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