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Austerity Europe

EU To Slow Pace Of Austerity

AP | JUERGEN BAETZ and RAF CASERT | Posted 07.29.2013 | Business

BRUSSELS — The European Union softened its demands for austerity Wednesday when it gave France, Spain and four other member states more time to ...

Germany Takes Charge in Europe

David Vognar | Posted 08.12.2012 | Comedy
David Vognar

If anyone is in the position to get people off their duffs and back to work, it's Germany. But Germany refuses to do so, and thus the whole continent of Europe is sitting at home instead of working -- all to watch this powerhouse play in Group B of the European Championship.

Fiscal Consolidation: Striking the Right Balance

David Lipton | Posted 07.08.2012 | Business
David Lipton

There is no getting around the need to reduce debt levels. High debt leaves countries exposed to interest rate shocks, limits their capacity to respond to future shocks, and reduces long-term growth potential.

Europe's Newest Dirty Word: 'Austerity'

AP | SARAH DiLORENZO and DAVID McHUGH | Posted 07.07.2012 | Business

PARIS — The day after Francois Hollande rode to power in France on a slogan of "change now," the conversation in Europe was already different Mo...

Austere Austerity: Will the Republican Prescription for the Economy Work?

Marvin Meadors | Posted 05.01.2012 | Politics
Marvin Meadors

Austerity measures and economic growth are oxymoronic. Romney and the Democrats get it, but the moribund Republican party clings to austerity like a nihilist clinging to a sign saying "the world ends tomorrow."

U.N. Study: Austerity Measures Pushing World Economy Toward Disaster

Posted 11.06.2011 | Business

GENEVA (Tom Miles) - The pursuit of austerity measures and deficit cuts is pushing the world economy toward disaster in a misguided attempt to pl...