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If you think Ireland, Greece, Portugal, Spain and UK are virtually the whole of the EU, you're mistaken.Why did virtually the whole of the EU doggedly claim austerity was the way out of the banking crisis?
those European countries adopting austerity, including the UK, Ireland, Greece, Portugal and Spain.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4952125/
Several eurozone member states (Greece, Portugal, Ireland, Spain and Cyprus)
https://en.wikipedia.org/wiki/European_debt_crisis
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4952125/
Several eurozone member states (Greece, Portugal, Ireland, Spain and Cyprus)
https://en.wikipedia.org/wiki/European_debt_crisis