EU Crisis and Political Fragmentation Persist

In Europe, the summer season is almost over and, along with cold weather, the Continent's political and economic problems are returning. Data released over the past few days suggest that, despite recent expressions of government optimism, the fragile economy is still causing political repercussions across Europe. Germany, France, Italy and Spain — the four largest economies in the eurozone — are feeling the impact of the crisis, albeit in different ways. Recent political developments are also a reminder of the strong connection between weak economies and the increasing popularity of anti-system political parties. Despite the recent optimism of European governments and EU officials, the social, economic and political effects of the crisis will continue to be felt in Europe for years.