Home truths about the Euro crisis

Jean-Claude Juncker said some remarkably candid things to the European parliament yesterday. His role as the chair of the Eurozone group of countries has given him limited scope to speak freely to date. Indeed he’s someone who is quoted as saying ‘I’m for secret, dark debates‘.

Now that he’s about to step down, he’s made some extremely critical comments about the entire approach the EU has adopted in response to the crisis. I have some reflections on this, and especially on high and rising unemployment, here.