Political pressures are rising again in Europe. This column argues that reactions in parliaments, central banks and on the street are well within the bounds of predictable reactions to hard times. These developments change nothing of significance in the calculus concerning the eventual success of the Eurozone crisis response.VOX
Protests, riots, rightists rage in Europe – but to no ill effect
Jacob Funk Kirkegaard | Research Fellow, Peterson Institute for International Economics
Blood running in the streets? No big deal to those in the corner offices.
3 comments:
"Indeed the main risk is that the protests merely make governments less bold on necessary reforms."
What has this guy been smoking? How many governments have fallen in the last year?
Is eur-arrogance a word yet? Like the opposite of euro-skeptic.
Tom, thanks for highlighting that Kirkegaard works for Pete Peterson. 'Nuff said.
Right Dan,
This is an Institute that Peterson funded some years ago.... demonstates how Peterson at core, is not driven by greed...
I would also point out that Strauss and Howe took Peterson balances some time back also...
rsp,
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