The EU must face facts: austerity has failed Greece – Equal Times

The EU must face facts: austerity has failed Greece – Equal Times. By Paul De Grauwe The Greek debt crisis that erupted in 2010 is back, and again threatens the stability of the eurozone. A piece of anti-austerity street art featuring the Dalton Brothers from the Belgian comic Lucky Luke is seen in the Exarchia … More The EU must face facts: austerity has failed Greece – Equal Times

Revealed: Bank of England disarray in the face of financial crisis | Business | The Guardian

Revealed: Bank of England disarray in the face of financial crisis | Business | The Guardian. The full extent of the Bank of England’s emergency action to prevent the collapse of the banking system is revealed on Wednesday as it releases previously secret documents detailing its frantic day to day efforts to prop up high … More Revealed: Bank of England disarray in the face of financial crisis | Business | The Guardian