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Letter From Sofia: Old Tanks and Modern Mayhem

Conn Hallinan Foreign Policy in Focus
Poor Bulgaria. Once again the Germans are headed her way—this time armed with nothing more than a change of currency and the policies of austerity that go along with it.

Europe’s Perpetual Crisis

Conn M. Hallinan International Policy Digest
Why, given the failure of austerity economics, haven't we seen a policy shift to stimulation of the economy?...the push for yet greater austerity has less to do with a deep concern by Europe’s elites over debt—it is high but manageable—than as part of a stealth campaign aimed at dismantling rules and regulations that protect worker rights, unions, and the environment. Meanwhile Washington is concerned with the effect of the economic crisis on the viability of NATO.
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