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Eurowrap 29/11/12

A focus on the key news and analysis surrounding the eurozone crisis

War coming to the heart of Europe? 

Switzerland is becoming politically isolated in Europe.

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The different paths of Greece and Spain to high unemployment 

The employment decline in Greece has been proportional to the country’s steep decline in GDP; Spain’s employment has fallen much more than output, due in part to its notable labour market flexibility.

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EU farm subsidies – the mother of all misallocations

Why the Court of Auditors slams the subsidies.

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Why the eurozone is the greatest threat to global economic recovery 

According to the OECD.

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