Tom McDonnell: Eurozone level policy making has been nothing short of disastrous and there is little sign of any change. Spain is moving closer by the day to a full bailout and faces into a half decade of stagnation and high unemployment.
In this context, INET's Economic Council has released a timely policy document "Breaking the Deadlock: A Path out of the Crisis" intended to chart a way out of the Euro crisis. The council argues that unless decisive action is taken the euro will continue to drift toward a breakdown of incalculable cost. You can read the council's proposals here.