It's no longer taboo to talk about Greece leaving the euro
Written by Simon Tilford, 26 February 2012
Getting the EU economy back on track is not all about bailouts and quick fixes. It's about leadership and direction said Simon Tilford of the CER. In his opinion, the problem is made far worse because of differences of opinion within the EU leadership about how the crisis started and more importantly how to fix it. "Clearly the strategy towards Greece has failed, so the 'creditor camp' that have pushed fiscal austerity as pretty much a panacea for everything - have failed in Greece," he said. "That explains the almost orchestrated camp to portray Greeks as hopelessly venal and incompetent and uniquely awful – because if they're not, if they are anything but that, then that calls into question the strategy that is still in place across Europe as a whole."