La Crisis en Europa se Torna más Complicada

En las últimas semanas ha aumentado la preocupación sobre la situación en los países europeos, siendo la percepción de que la crisis en esos países se está complicando, aún más que en Estados Unidos. Algunos de los temas centrales apuntan hacia las condiciones de los países de europa del este; la sustentabilidad del Euro y el terrible deterioro de la economía española.

Aquí les sugiero algunas notas para profundizar en estos temas:
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The crisis in Eastern Europe: What is to be done?
Eastern European countries have high external imbalances that constrain their policy responses to the crisis. This column says the EU should provide support through both fiscal and financial measures. Otherwise, it risks a much deeper and prolonged economic crisis in both new and potential member states that will have negative effects on the whole of Europe.
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A Continent Adrift , Krugman NYT op-ed
I’m concerned about Europe. Actually, I’m concerned about the whole world — there are no safe havens from the global economic storm. But the situation in Europe worries me even more than the situation in America
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Spanish doldrums, Krugman NYT op-ed
How does Spain get out of this? No devaluation is possible — and no, I don’t think exiting the euro is feasible. So it has to do it with relative deflation, hard enough in normal times, when at least costs and prices elsewhere are rising a few percent a year. In the face of a depressed and possibly deflationary European economy … this is going to be ugly.