European flag outside the Commission (Photo credit: Wikipedia)

Frequently, I take exception as to what Timothy Bancroft-Hinchey writes in Pravda. However, the following, most popular, article on Portugal is excellent and a MUST READ, in my view. Check it out!

via The Portuguese and The Crisis: An analysis – English pravda.ru.

Sadly, Bancroft-Hinchey spoils an otherwise excellent story with his conclusion which is designed for Russian popular-ism.

It seems uncanny but those observers outside Europe are able to see more clearly the unfolding economic, social and political crisis, like Paul Krugman, whereas the European Commission and people like Olli Rehn are blinkered, driven by ideology rather than evidence based policy.

Any thoughts on Portugal?

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