The bulk of the financial troubles in the Eurozone – at least those which have become apparent thus far – have occurred in the so-called “peripheral” states, ie. small countries that are in huge financial difficulties when viewed individually (ie. Greece, Ireland, Portugal), but are small enough to be rescued by their larger brethren in […]
November 18, 2010
The recent financial problems plaguing peripheral members of the Eurozone such as Greece, Ireland and Portugal, are seen by some as the unfortunate consequences of the banking crisis and consequent recession, by some as just desserts for profligate government tax-and-spend policies over the previous decade, and by others as unfair punishment being meted-out by the […]
November 30, 2010
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