April 25, 2011

CHANGE: Rise of Populist Parties Pushes Europe to the Right. “Tensions between the wealthy countries in the north, who are contributing most to the bailouts, and the ailing debtor nations in the periphery already threaten to destroy the monetary union. If a European version of the American Tea Party movement develops, it could very well become the kiss of death for the euro. The risk is substantial, as euroskeptics gain ground across the EU.”

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