The European Disaster Is Far Larger Than Greece
November 1 — Spain's town hall meltdown – Cuts are now biting deep into civic life. One council has even bet its budget on the lottery ... If Carmen Martinez Gomez, a nurse, wants to see the effects of the dramatic spending cuts Spain is currently enduring, all she has to do is glance down from her seventh-floor balcony at the building work below on the Metro, Granada's first underground line. It is less than 10 miles long, but the Metro has already been five years in the making. And with its workers unpaid since January, its inauguration has just been put back again, reports said last week, until 2013. Read more.
