Luanda will try to relieve the pressure on the country's political elite.
ISSOUF SANOGO/AFP/Getty Images
The headquarters of the National Bank of Angola in Luanda
Political sentiment in the troubled eurozone countries is more leftist than that found in the core.
Cutting spending could trigger more social and political unrest.
Europe's financial crisis has become a political crisis since unemployment has become a more prominent factor.
Despite optimistic rhetoric, the economic crisis will continue to have a deep social impact on the Continent.
Reduced spending could exacerbate divergent national interests within the bloc.
Citizens in the EU periphery want to migrate to the core, but the countries there are unwilling to…
One of the pillars the European Union was built upon is coming under threat.
Public support is waning for some European leaders.