The US faces major economic and social challenges, but its financial crisis appears to have essentially ended more than a year ago. By contrast, the European Union collectively met the challenge with a succession of false hopes.
A solution to the EU’s banking problem would require a level of awareness and political commitment that has been sadly absent so far, especially in the largest euro area countries.
© Bruegel
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article