European Union Collapse Question of ‘When’ Not ‘If’ Warns Moody’s

The break-up of the European Union may be a question of “when” and not “if”, credit ratings agency Moody’s has suggested. The agency warns that, despite attempts at reform, the European project remains perilously at risk from even a “small” crisis.

 

Critics of the European Project have long decried the anti-Democratic nature of the reforms put in place following Europe’s sovereign debt crisis, which accompanied the global financial downturn of 2008.

 

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