2 chapters across the catalog
European Council President Herman Van Rompuy delivered a speech on the eurozone crisis, incorrectly attributing an H.L. Mencken quote to Albert Einstein. The speech addressed the complexity of the fiscal crisis and the difficulty of reaching consensus among the 27 member states.
Eurozone Debt Crisis and S&P Credit Downgrades
Standard & Poor's downgraded the credit ratings of several European nations, including France and Italy, citing an inadequate response to the debt crisis. The move is seen as a political blow to French President Nicolas Sarkozy. The discussion covers the ongoing Greek bailout negotiations and the push for a full political and fiscal union in Europe to prevent a total collapse of the Euro.
