Ambrose Evans-Pritchard "Europe's centre crumbles as Socialists immolate themselves on altar of EMU"

By a horrible twist of fate, Europe's political Left has become the enforcer of reactionary economic policies. The great socialist parties of the post-war era have been trapped by the corrosive dynamics of monetary union, apologists for mass unemployment and a 1930s deflationary regime that subtly favour the interests of elites.