Tagged with "European Financial Stability Facility"

Euro plan: rejoice a deal, but no salvation.

Rejoice; a deal has been made; markets are calmed. But, unfortunately, the Eurozone agreement has added layers of bureaucracy, removed democracy and failed to answer the fundamental issue of the Euro itself.
by Simon Miller - 28 October 2011
Clearly, Europe’s leaders are contemptuous of democracy, but are they even sane?

After another shameful assault on democracy, EU leaders can now go ahead with their EFSF euro bailout plan. But it’s doomed from the start and could cost taxpayers trillions
by The Commentator - 14 October 2011
Hell no, American taxpayers should not bail out the IMF

The time has come to stop the cycle of bailouts. As Greece has demonstrated, bailouts simply give politicians some breathing room to postpone necessary reforms.
by Daniel J. Mitchell - 26 September 2011

Euro plan: rejoice a deal, but no salvation.

Clearly, Europe’s leaders are contemptuous of democracy, but are they even sane?