Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
The strike has brought public transport to a virtual standstill and shuttered schools, banks, and local government offices in Greece the day before Parliament votes on a new round of wage and pension cuts.
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