By using austerity and stimulus in those economies with dismal and strong structural integrity, respectively, recognizes the differences within the Eurozone and can produce long-term stability.
After the release poor economic figures for the EU and doubts about the Harvard austerity study, the EU should reexamine its policies and realize that there is no one size fits all solution.
As the rhetoric against austerity became increasingly intense, the euro zone should revise its austerity policy to tackle its long-run issues ... such as skyrocketing unemployment.
The latest Euro zone nation to undergo a financial crisis, Cyprus, has raised question about offshore banking and money laundering. But Cyprus is far from the only country in trouble.
While much of the discussion regarding the Cyprus deal has been about Russian tax evaders, many forget the struggle of business-owners, service-providers, and job-creators.
The global economy might be at risk as Cyprus struggles with their banking crisis. Big government is to blame, not capital mobility and economic freedom.
In Cyprus's acceptance of the troika's terms, Russian interests in Cyprus are dealt a fatal blow, with Russian depositors bearing the bulk of the revised bank levy as the Kremlin is marginalized.
What's included in the bailout deal? Its a fiasco for Cyprus and the euro zone, but will it cause further global economic instability to the U.S.?