Speech by European politicians about the recovery of the Eurozone economy was pronounced like a mantra, but the inefficiency of high-sounding rhetoric without revising the broken mechanisms proven economic reality, says a specialist in global financial markets in a blog on the Internet representation of RT.

" Even in Brussels have the opportunity to realize the necessity of restructuring the EU in order to avoid collapse. Permanent populism France together with stubbornness Germany ruthlessly weaken Europe, while at the same time, Asian markets are showing strong growth. The events in Ukraine have also played an important role - the reaction of the Eurozone on the introduction of self-destructive punishments provided that the economic growth of Europe is only a Mirage, " he said.

many times mentioned, writes young, that the salvation of European credit institutions and the profligacy of governments have led to default, loosening the main financial and political tool, EUR. Fear of the EU to abandon reckless monetary policy threatens the idea of a United Europe.

" Weak Eurozone economy is practically not carried out significant reforms, moreover, France and Germany continued to insist on protecting their own interests, and at the same time, the Mediterranean countries have tried to survive, suffering from huge debts and " bloated bureaucracy ", - says the expert.

for reviews of the economist, Even at the present time when there are serious issues is becoming more evident, " the EU is not ready to patch the gaping holes in our economy."

" currently, the ECB (European Central Bank) can press the emergency call button is to pour in some " easy money ", however, this measure will only help asset inflation, in other words, make the wealthy even wealthier, " warns Patrick young.

sections: Politics