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Nicolas Véron, a senior fellow at the Breugel economic think tank in Brussels, says the theories reflect a virulent public mistrust of the free market in euro-zone countries, particularly in southern Europe. "There is a very long and deep suspicion of markets in these places," he says. But he adds that these countries are guilty of shifting the blame for their own problems. "It is absurd to imply a political purpose in this," Véron says. "This scapegoating is a distraction from the serious political reform that is needed and contributes to ingraining political prejudices...

Author: /time Magazine | Title: What Caused the Euro Crisis? | 2/26/2010 | See Source »

...reopening old wounds and raising the specter of Nazism. As Greece struggles to avoid default, and Germans debate whether to bail out their spendthrift neighbor, the question of what, if anything, Germany owes Greece for the past has become a topic of bitter debate and angry mutterings in the southern European nation. The row began with a tongue-in-cheek magazine cover in the German magazine Focus. The Venus de Milo - known by Greeks as the Aphrodite for Milos (and considered by some to be part of the country's looted heritage) - was depicted making a rude gesture, with...

Author: /time Magazine | Title: Greece's Debt Crisis: Blaming Nazi Germany | 2/26/2010 | See Source »

...Foundation Enjoy lakes, woods, fields and a medieval castle as you wander amid this southern Swedish park's 40-plus installations - among them Maya Lin's large 11 Minute Line, a grass-covered earthen wall favored by grazing cows. On her last visit, Cartiere spotted a family picnicking in one of the works. And why not: Melissa Martin's Dining Room features a wooden table - never mind the tree growing through it - surrounded by chairs, empty window frames and beautiful forest. "Now that is visitor engagement," says Cartiere. More details at www.wanas.se...

Author: /time Magazine | Title: Sculpture Parks: Out in the Open | 2/25/2010 | See Source »

...pockets of resistance continued, commanders downplayed expectations of a speedy campaign. "I guess it will take us another 25 to 30 days to be entirely sure that we have secured that which needs to be secured," British Major General Nick Carter, the top NATO commander in southern Afghanistan, told reporters on Feb. 18. "And we probably won't know for about 120 days whether or not the population is entirely convinced by the degree of commitment that their government is showing to them." If McChrystal's forces prevail, Operation Moshtarak will serve as the template for the far more challenging...

Author: /time Magazine | Title: Taking It to the Taliban | 2/25/2010 | See Source »

...secret that the U.S. Marines and British troops are doing the heavy lifting. McChrystal's target of a 134,000-man Afghan National Army by late fall - up from 104,000 now - seems hopelessly optimistic. Training is slow, and there's a scarcity in the ranks of southern Pashtuns, who are needed the most in the Taliban's strongholds...

Author: /time Magazine | Title: Taking It to the Taliban | 2/25/2010 | See Source »

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