A fatal recession?

THERE is a lot to keep track of in Europe these days (Charlemagne is a great resource for this, by the way), but here is a brief digest. First, George Papandreou’s gambit to get the opposition behind efforts to implement necessary reforms seems to have been a success. Greece will get a new, transitional unity government to put the plan in place, though Mr Papandreou will not be leading it. This is good news for the euro zone, on the whole, as it implies that there is not yet a viable political force for departure from the euro within Greece. The medium-term political outlook for the country is highly uncertain, however.

via The euro crisis: A fatal recession? | The Economist.

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