domingo, 8 de noviembre de 2015

Portugal, the Eurozone’s Next Greece | New Eastern Outlook

Portugal, the Eurozone’s Next Greece | New Eastern Outlook





The illusion that all is well in the Euroland following the brutal
Greek austerity agreement this summer is soon to be rudely disrupted by a
new Eurozone crisis, this in what was hailed as the IMF and ECB
“success story”–Portugal. Very soon, perhaps in a matter of weeks, it
will become clear again, as in Greece, or in Germany in 1931, that
austerity, spending cuts and tax increases are not a way out of a
national economic crisis.


‪#‎EU‬ ‪#‎Portugal‬ ‪#‎Greece‬ ‪#‎Germany‬ ‪#‎Merkel‬



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