: :inin Kyiv (EET)

Greece debacle marks the failure of German leadership in Europe


In Greece, with one in four unemployed, the people have voted (once again) for an end to self-defeating austerity imposed from abroad. In Brussels and in Berlin, officials and ministers declare their loyalty to a ‘European’ vision of monetary and fiscal rectitude that might have borrowed its name from Foucault (‘discipline and punish’) or Dostoyevsky (‘crime and punishment’). Across the whole southern half of the continent — from the Pillars of Hercules to the outer approaches to the Hellespont — unemployment has robbed a generation of a future.
Only a decade ago, Europe was mostly remarkable as a place where history …read more

Source: Lowy Institute for International Policy

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