Although the current world-wide financial crisis is indeed a bad one, it could just be that it might lead to a few good outcomes. One such outcome could be, according to Tony Barber of the Financial Times’ Brussels Blog, further European integration. It certainly appears that the dismal economic situation in Iceland has lead to a change of heart among the country’s unions as far as EU membership goes. I am sure the current financial climate will give way to many more ideas of what positive outcomes lay ahead as a result of the looming recession.
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