https://blogs.ubc.ca/joeywhittemore/2014/11/01/euro-zone-in-trouble/

Recently, I came across a blog post about the Eurozone crisis. Specifically, in the author’s point of view, Europe, mainly countries like Greece and Spain that are currently experiencing economic and financial troubles, should accept Germany’s vision of the Eurozone economic plan. However, I believe that there is no single correct plan that every country could stick to. If the Southern and Eastern European countries accepted the German plan, they would experience severe unemployment issues and increases indebtedness per capita (1). The current situation, when various sanctions and bans were set between the Eurozone and Russia and the following consequences like extremely low import-export rates, does not make the Euro crisis easier. Even though I cannot judge the circumstances objectively, I deem that instead of revealing who is responsible for the crisis (2) and whose economic strategy is the best, all countries should contribute to a single plan that would be created and confirmed by every Eurozone member.

References:

1) Germany and the Euro Crisis: Is the Powerhouse Really So Pure? Retrieved November 11, 2014 from

http://www.worldaffairsjournal.org/article/germany-and-euro-crisis-powerhouse-really-so-pure

2) Greeley, B. (2013, September 12). Is Germany Responsible for the Euro Crisis? Retrieved November 11, 2014 from

http://www.businessweek.com/articles/2013-09-12/is-germany-responsible-for-the-euro-crisis