Eurozone in need of modernisation

The Eurozone may be facing a wave of drastic economic measures that could considerably lower its level of prosperity, the daily Latvijas Avīze writes: "Many of us who live in the former East Bloc cherished the dream of one day living like Western Europe. A proof of this desire was the term 'Euro-modernisation' which appeared in a growing number of advertisements: any self-respecting company offered this kind of modernisation according to European standards. But today this dream could be fulfilled in a very different way because some new EU members like Slovenia and Estonia are rushing ahead while the old EU members are falling back. A growing number of them now need this kind of comprehensive modernisation, even though most of them don't have a precise plan or clear estimates of the costs at present - and also don't know whether the moving of a wall will cause the entire construction to collapse." 

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