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Eurozone Crisis 2.0

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  • C. J. Polychroniou
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    Abstract

    Since last month's Greek bond swap, various European leaders have declared the eurozone crisis over or "almost over." But Euroland's current economic reality begs to differ. No matter how much cheap money the ECB provides or how high the EC "firewall" rises, the region's economic malaise can't be cured without massive government intervention—the implementation of strong, proactive economic policies that will put people back to work, increase state revenues, and improve the standard of living.

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    File URL: http://www.levyinstitute.org/pubs/op_29.pdf
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    Bibliographic Info

    Paper provided by Levy Economics Institute in its series Economics One-Pager Archive with number op_29.

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    Date of creation: Apr 2012
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    Handle: RePEc:lev:levyop:op_29

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