The financial crisis heralds the need for a deep ecological transition

EPA/IAN LANGSDON

Sheep are herded in front of the Eiffel Tower during a shepherds' and national forestry workers' demonstration in Paris, France, among others, protesting the geforestation occuring in France

The financial crisis heralds the need for a deep ecological transition


In the dismal reality of the deepening financial crisis in the European Union, exploiting the natural environment is seen by troubled member states as a quick-fix solution for rapid economic recovery. Following decades of massive spending on an unsustainable economic and development model, the EU’s policy response is essentially a recipe for a much deeper and longer term environmental crisis.

Since the first bailout package for Greece was approved in May 2010 by the EU/IMF/ECB lending trio,...


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