Originally Posted by
henra
I think most Governments were reluctant to tell their population the truth (knowing that the average voting public wouldn't have been ecstatic over this message) and were hoping all would be well. Hope is a well established and tried and tested operational principle. In many walks of life.
I think that the issue that the European Governments face is that they are doing everything to deny the fact that their economies are not growing (and have little prospect of growing) so they are either going to have to cut social benefits given to voters or tax them even more to pay for the unavoidable increase in defense obligations and expense.