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Eurozone Crisis: What Next?
Recently engaged in a round of backslapping, the leaders of Europe suggested that we were turning the corner out of the crisis. In Ireland despite all the evidence to the contrary, the government is still trying to talk up the prospect of a ‘deal’ on the bank debt. But on the ground, the crisis is worsening, austerity is destroying people’s lives and the economies of Europe. In the first of two articles on the future of the EU, first published on Irish Left Review, Paul Murphy MEP examines the immediate prospects for the eurozone crisis in the next months.