Russia Today. Demonstrators burn an EU flag near the EU offices in Athens (AFP Photo / Louisa Gouliamaki)
The debt-stricken eurozone is set to enter 2012 in a gloomy mood with Italy’s borrowing costs remaining near the 7 per cent danger zone. The Italian PM has pledged more efforts to revive the ailing economy in his end-of-year speech.
Still, there are huge doubts that the new men in charge of a number of the eurozone states will find a remedy for the struggling bloc’s ailments.
Autumn in Europe brought about the fall of several leaders across the EU – Italy, Greece and Spain – all of these countries saw governments change within a two-week period. But who are these new faces at the helm of Europe’s most troubled nations? And will they really make things better for the people?
Greeks pride themselves on essentially inventing democracy back in…however long ago it was. Too bad the man who is now being touted as “the Man with the Plan” is an economist, who was appointed to rule the Greek people – no word on elections here.