Crunch time for EU policy makers. Later this week, they'll be meeting in Brussels to figure out what they can do to help the Euro. That said, it looks like there are no easy solutions. Trying to impose austerity isn't going to be an easy sell. Frankly it's a bit culturally inconsistent with a lot of European habits. For example, note that a European court just ruled that if you get sick during your guaranteed six week vacation, you can take another. How awesome is that?!?! Very, right? Yes and no. In terms of work/life balance, we really have to hand it to the Europeans. However, such leisurely lifestyles isn't so conducive to resuscitating an economy on life support.
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