For the last 10 years, the Greeks, the Italians, the Spaniards or the Irish, have enjoyed a good time, spending much more than they afforded. For some of the countries of the 16-member euro currency zone — Greece, Ireland, Italy, Portugal and Spain, the prolonged dream of everlasting consumption has turned into a nightmare. The [...]
For the last 10 years, the Greeks, the Italians, the Spaniards or the Irish, have enjoyed a good time, spending much more than they afforded. For some of the countries of the 16-member euro currency zone — Greece, Ireland, Italy, Portugal and Spain, the prolonged dream of everlasting consumption has turned into a nightmare. The […]