Read Article HERE
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Austerity
Ashoka Mody: Italy’s Budget Isn’t as Crazy as It Seems
EU officials must recognize that the country needs stimulus. Read here
Economics
Michael Pettis – How Does Excessive Debt Hurt an Economy?
How high debt levels can force an economy to bear financial distress costs Read Here Photo: Jesper Rautell Balle licensed under the Creative Commons Attribution 3.0 Unported
Economics
Eurostat: Government deficit at 3.2% of GDP in the euro area and at 3.0% in the EU
The EU creating its own recession through austerity Read HERE
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