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Washington May Be Getting Wrong Idea From Europe’s Austerity Revolt

Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing demands for fiscal austerity by the bond markets, governments across the continent are collapsing. In November, voters in Spain dumped a Socialist government for the conservatives. Last weekend in France, [...]
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Slowdown arrives and credit tightens

Business & Finance : Business Report (3 years ago)

Fiscal austerity in Europe demanded by markets and exacted by Germany as the price for saving the euro currency is taking its toll on the world economy. ||| Fiscal austerity in Europe demanded by markets and exacted by Germany as th... Read Post

Hungary's Budget Failure Shows Why Europe Better Sugar-Coat Its Austerity Medicine

Business & Finance : Business Insider: Clusterstock (4 years ago)

Over the weekend, the Hungarian government abruptly halted further fiscal austerity measures, due political pressure and upcoming October elections. We said yesterday how this set a scary precedent for the rest of Europe: It shows h... Read Post

The Politics of Austerity

Business & Finance / Taxes : TaxVox (3 years ago)

Europe is undergoing a massive political upheaval. You may have noticed. Caught in the wake of deep recession, painfully high unemployment, bank failures, and growing demands for fiscal austerity by the bond markets, governments acr... Read Post


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