Relevant:
- Italy in Crisis: The Decline of the Roman Democracy and Rise of the ‘Super Mario' Technocracy
- The erosion of southern Europe
- Stalled recovery leaves Europe defenceless against economic shock from Russia
- Crisis escalates as insurrection breaks German control of Europe
- This refugee crisis is too big for Europe to handle - its institutions are broken
2013-07-11 — telegraph.co.uk
``Europe's debt-crisis strategy is near collapse. The long-awaited recovery has failed to take wing. Debt ratios across southern Europe are rising at an accelerating pace. Political consent for extreme austerity is breaking down in almost every EMU crisis state. And now the US Federal Reserve has inflicted a full-blown credit shock for good measure.
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