Monetary, fiscal farce in Europe continues

First published at RGJ.com http://www.rgj.com/story/money/economy/2014/06/15/robert-barone-monetary-fiscal-farce-europe-continues/10515411/ The  European Union economies have been in, or nearly in, recession since the financial crisis in ’09. Greece has had to be bailed out several times. Spain, too, and in the case of Cyprus, bank depositors bore much of the cost. Italy and Portugal are lucky they avoided such bailouts. […]