Europe’s predictable crisis revival


Oliver Marc Hartwich
businessspectator.com.au
March 8, 2013

Back in December last year, there was a growing sentiment that the worst of the European crisis could be behind us. I did not believe these claims then, and few would believe them now.

The events of the past few weeks, in which I took a break from this column, have only confirmed my earlier fears. The unclear result of the Italian election and its popular rejection of EU-sanctioned reforms is the most visible sign that Europe has re-entered its familiar crisis mode (Four reasons the euro crisis isn’t over, December 20). But it is not the only sign.

To be clear, the euro crisis is not back but it has never been away. There were four reasons why I was certain in December that the euro crisis had not been solved:

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