Austerity not the answer for Europe
Austerity not the answer for Europe
Governments across the euro zone are pushing through controversial austerity measures in order to tame deficits. But Eileen Appelbaum, senior economist at the Center for Economic and Policy Research, says these policies will fail to solve the region’s economic problems.
Related Stories:
- Monday, November 14, 2011: Italy’s new problem: austerity and little growth
- Friday, September 09, 2011: No-growth austerity opens Portugal to contagion
- Wednesday, August 24, 2011: France trims growth forecasts, seeks austerity
- Thursday, July 14, 2011: Italian Senate approves austerity package
- Wednesday, June 29, 2011: Greece passes key austerity plan
- Tuesday, December 07, 2010: Ireland unveils record austerity budget
- Thursday, November 25, 2010: Irish government forges ahead on austerity
- Friday, October 15, 2010: U.K. to unveil austerity details