Author: Loukas Tsoukalis
Date:10 October 2012
Europe must avoid at all costs a prolonged double-dip recession, with
the weakest members of the Eurozone leading a desperate suicide dance.
The key challenges lie in balancing the burden of adjustment between
creditors and debtors, regaining confidence in the irreversibility of
Europe’s currency union and restoring the political capacity of both
national and European institutions to transform market driven
democracies into democratically regulated markets.