Comment on Are there any alternatives to austerity? Six ideas for fixing Europe

Are there any alternatives to austerity? Six ideas for fixing Europe

Roughly speaking, here’s the euro zone’s current approach to its debt crisis: Individual countries are pursuing austerity measures to shrink their budget deficits. There’s a bailout fund for countries in truly terrible shape, such as Greece and Portgual. And the European Central Bank is propping up the continent’s rickety banks.

 

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