31 December 2011

Journal Transform 09/2011: Focus 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.

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Link to German version at Transform