Debt crisis lays waste to European governments
Debt crisis lays waste to European governments | Europe | DW.DE | 27.04.2012A likely change of power in France. No confidence votes in Romania and the Czech Republic. The Dutch government's resignation. Since the start of the debt crisis, 16 nations in the EU have seen a change of government.
Since the spring of 2010, the governments of more than half of the European Union's 27 member states have fallen or been voted out of office. In most cases, a direct line could be drawn between the government's exit and the austerity measures put in place because of the economic situation.
After Great Britain, Spain and Italy, France could be the next large EU member to see a change of the guard. Socialist presidential candidate Francois Hollande has a good chance of replacing current conservative President Nicolas Sarkozy when the French take to the polls in a second round of voting on May 6.
The experiment has failed, you have the southern half of the continent and Union dragging down the upper half and it is also once of the perfect examples that eventually you run out of other peoples money and start dragging all those that are producers down with you.
The real question will be, how will the fall out of this experiment play out in the future as old differences and resentments rise to the fold once again as we have already seen in Greece toward Germany.