O "euromess" - entende a crise do euro

Growth More Than Debt Key to Understanding Euromess: Ezra Klein
"... if the prospects for growth were good, the institutional changes would be an easy sell, and the debt problems would mostly take care of themselves. However, if the growth isn’t there, then ultimately, the institutional reforms won’t be sustainable, because the nations on the periphery won’t be able to reduce debt burdens without destroying their economies.
That’s why the situation is rightly understood as the European growth, institutions and debt crisis -- in that order.
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The euro crisis