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‘Drinks And Women’ Apparently Not A Valid Use Of European Bailout Funds
For all the stereotypes of southern Europeans as hotheaded profligate lushes, indebted eurozone countries from Portugal to Greece have pretty fully accepted the austerity imposed upon them from their creditors to the north. But the forces of the Troika may have pushed their luck one meter too far with Jeroen Dijsselbloem’s latest excoriation of some of Europe’s most beloved traditions. Discussing bailouts and belt-tightening on a Spanish radio show, the head of eurozone finance ministers remarked: During the crisis of the euro, the countries of the North have shown solidarity with the countries affected by the ... (full story)
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