By Caroline Baum – Now that the Greek election failed to solve anything, Europe is back to the same problems it faced before.
I’ve lost count already of all the crises within a crisis since Greece first revealed the true state of its finances almost three years ago. All the summits, one-on-one meetings, academic research and unsolicited advice haven’t done anything to fix the underlying structural problem. Seventeen different countries with 17 sovereign governments, 17 unique cultures and at least 17 languages are ill-suited for a monetary union. more> http://tinyurl.com/cgkvwm9
- The Euro Crisis: Why Greece’s Election Doesn’t Matter (business.time.com)
- Europe’s relief from Greek vote likely fleeting (sfgate.com)