Triple Shocks Threaten Europe's Recovery

The complacency of those dictating Euroland's policies - though not its victims - is breathtaking.

"Europe, it seems, has become anaesthetised to bad news," says Simon Tilford from the Centre for European Reform. Tentative signs of life after six quarters of contraction are deemed a vindication of shock therapy, even as the underlying crisis gets worse in almost every key respect.

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