English Blogactiv Posts - EU Blog Platform

Europe’s crisis is not about Germany against all the others; it is not a crisis of German economic power. It is the crisis of a system which seems not to have the proper responses to the challenges of Europe within the globalised world. Europe is facing a massive lash back after not having seriously implemented macroeconomic regulation and policy when the Euro was created and not responded properly (i.e. with a sound European answer) when the first signs of weaknesses appeared even before the start of the financial crisis in 2008. Now we need a new renaissance of Europe, a strong and credible leadership.

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