Global intelligence fails in the euro crisis

Europe still hasn't come up with a solution to the euro crisis, writes the left-liberal daily Delo in disbelief: "The discussions about the euro crisis increasingly resemble those about global warming. All the politicians are warning of a catastrophe of biblical proportions which we won't escape if we don't act immediately. We watch on as words and threats inflate, one fateful summit after another produces ever new solutions, all of which fail - and meanwhile the monetary union is melting away like the glaciers. ... We have to ask ourselves whether all the fears - as with the environmental problems - are pure speculation. One simply refuses to believe that the accumulated global intelligence of the 21st century can't find a solution to the problem it itself refers to as the debt crisis of the Eurozone."

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Who's saying what » Ways out of the debt crisis, » The row over debt mutualisation

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