Protests agains austerity measures have been rampant in Greece for months. Europe has agreed to help Greece maintain some stability amid the crisis. (LOUISA GOULIAMAKI/AFP/Getty Images)
Protests agains austerity measures have been rampant in Greece for months. Europe has agreed to help Greece maintain some stability amid the crisis.
(LOUISA GOULIAMAKI/AFP/Getty Images)

Europe Saves Greece—for a Little While

November 27, 2012  •  From theTrumpet.com
If can-kicking were a sport, EU leaders would be world champions.
 

Eurozone leaders and the International Monetary Fund (imf) reached yet another agreement to save Greece in the early hours of November 27, after a 13-hour meeting. Like previous agreements, this one has no chance of solving the problems in Greece, let alone in the rest of the euro. It’s yet another Band-Aid—but Germany hopes it will postpone tough decisions until after its 2013 elections.

Last week, eurozone leaders met and failed to agree on a way forward. According to Spiegel Online, the “unpleasant haggling that ensued was something even long-serving Brussels officials had rarely experienced.”

The rest of this article is available to Trumpet online account holders. Signing up is quick and free of charge with no obligation. To get started, please click the button below.