2 ms·
How do you concile this view with the fact that other European countries (Germany, Austria, Netherlands, nordic countries) have very healthy economies and an ex
by Kurtz79 8y ago
How do you concile this view with the fact that other European countries (Germany, Austria, Netherlands, nordic countries) have very healthy economies and an expansive welfare state as well?
Monetary devaluation and increasing national debt had long been used by Italy and other countries as a fig leaf to avoid addressing historical problems that these reforms try to address.
The EU has removed this fig leaf. Errors have been made and the crisis should have been handled better, but it does not exempt these countries from having to fix their own problems.