31 December 2011
Transform Journal with Focus on Europe
Europe is going through an emotional roller coaster. The top EU politicians all have their hands full in trying to manage and improve their half-hearted bailout attempts for member-states that are beginning to careen out of control. In all of this we can’t fail to see that the states in question are in no way being given a hand – not to mention the layers of the populations hit by the austerity measures. The goal of this unprofessional crisis management was and is first and foremost to protect European banks from meltdowns and to keep the financial markets in a good mood.
Gavin Rae, Kozminski University, 2014more ►
Author: Ulrike Herrmann. Brussels, April 2014 (English translation will be available soon).more ►