Austerity and Merkel

Austerity, debt, north vs south, conflicts and much more. How is Merkel actually dealing with the Eurozone crisis? Must read by Spiegel.

Angela Merkel’s euro crisis strategy is unpopular and she has lost a number of allies.Worse yet, French presidential candidate François Hollande has pledged a change of course from the strict austerity measures she supports.

But in the end, the Paris-Berlin alliance will likely survive and austerity will continue, albeit with a few growth initiatives thrown in.

Full article click here.