Eurozone crisis: a view from Brussels
With the Eurozone crisis continuing to dominate the headlines of every news outlet across the EU-27 and globally, you can’t help but feel a sense of almost panic and despair in Brussels over how to cure the many issues that remain in the Eurozone crisis. With talks on a daily basis of the death spiral of certain Member States, it cannot be a surprise that the credibility of the potential solutions to the growing list of problems is constantly being questioned.
The global increasing pressure on the institutional leadership is clear - the Eurozone crisis is no longer a problem for those solely using the Euro. The ripple effect on third countries is staggering, with consumer spending in Europe falling, China is feeling a harsh secondary impact, and the with the US already desperately trying to maintain stability, the shock of a Eurozone exit may cause further turmoil. Several economists have already declared the cost to the UK of a Greek exit may total £5bn.
However with all these facts aside the true cost will be to those who live in the hardest hit Eurozone countries and the devastating impact failure will have on not only their generation but potentially the next generation to follow…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Australian Taxation Office released a draft ruling on the Goods and Services Tax treatment of bitcoin transactions on 20 August 2014.
DLA Piper’s ‘Life sciences: patent extension strategies and antitrust global update’ video covers global antitrust and competition issues including product hopping and reverse payment patents.
Analysis from The Lawyer
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.