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Showing posts with label Fiscal Union. Show all posts
Showing posts with label Fiscal Union. Show all posts

Thursday, 8 August 2013

Hurray, a crisis!


The European phase of the Great Recession that started in May 2010 has produced huge damage: ask unemployed youngsters in Spain, the Exchequer in Ireland, banks in Italy and about everybody in Greece. There are two categories of people, however, that could welcome it: economists and naïve Europhiles.