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A Eurozone Report Card 2013

Weeks, J., (2013), “A Eurozone Report Card 2013”, Social Europe Journal, 23 December.

Three and one-half years ago the infamous Troika (IMF, European Commission and the European Central Bank, with the German government in close attendance) began its unsuccessful attempt to contain the crisis of the Eurozone, with a draconian austerity program for Greece. Subsequently, the Troika would add Ireland, Italy, Portugal and Spain to its list for the austerity medicine. At the end of 2013, what has austerity achieved?

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