Eurozone Crisis Enters New Phase as ECB Fights Europe for Austerity
Folha de São Paulo (Brazil): The house is on fire and the owners are arguing about what kind of safety regulations should be implemented in the future so as to prevent these types of fires. That is what appears to be going on in the eurozone right now, as European leaders try to reach agreement on a series of measures that would impose “fiscal discipline” on member states in the future.