Europe is slowly turning away from austerity to solve its economic woes. Wrongfully, they fail to recognize that for government austerity to generate growth the government must encourage the private sector with tax breaks and deregulation. If the Eurozone would unleash the private sector coupled with government austerity they will accomplish their goals of prosperity and near full employment. But, unfortunately socialism is so imbedded in the controlling nations of Europe, they will ultimately fail and the experiment of a united Europe will fragment into history. – N.P.Contompasis