The Euro-Zone Crisis

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The Euro-Zone Crisis

How do your guest feel about the differences between the "nordic" EU countries and bankrupt "mediterranean" countries.

The nordic countries appear to be politically willing and able to reform, have relatively low unemployment (3-5 percent) and relatively low government overhead, whereas the mediterranean countries (which, contrary to popular belief, includes France) are unwilling and unable to do so (e.g., in France, the socialist party is more conservative than the republican UMP), have 4x as many people working for the government (per capita), etc.

Best regards,

Frank in Portsmouth NH