Friday August 14, 2020

Greece is the word

The failing Greek bailout will dominate proceedings at this week’s meeting of eurozone finance ministers in Brussels. But, if Germany is determined to save the euro, the question for Ireland is: on what terms?

14th May, 2011
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Eurozone finance ministers meet again this week in Brussels, where they will agree the Portuguese bailout and consider what to do about the failing Greek bailout.

Another short-term problem, another short-term solution. But the greater problem of eurozone debt and the lack of a comprehensive political response from Europe’s leaders will continue to threaten the viability of the currency area and, ultimately, the EU itself.

Just because difficult questions have been fudged or...

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