cant see why brussels gets such stick when the largest portion of the blame surely lies with the governments of countries like spain… running banks to essentially fund political parties or basing your economy on a housing bubble or greece…. covering up debts and endemic tax evasion
obviously theyve been ‘punished’ at the ballot box and theres heaps of austerity still to come, but the ECB has promised to bailout eurozone counties
IF the austerity can be ridden out will lessons have been learnt and the S europe economies clean up tehir acts enough to attractinvestment and start rebuilding?- genuine Q from an economic numpty