The right will try and push for a new round of cuts after this crisis. It would be economically illiterate to do so, writes Prof Prem Sikka.
Read here
Economics
Bloomberg: Italy Raises Deficit Target, Risking Fresh Conflict With The EU
Does this really surprise anyone? Read here
EU-Institutions
Florian Misch and Martin Rey: A stability fund for the Euro Area
A euro area fiscal stabilisation capacity has long been called for by academics as well as European and international institutions. Read Here Photo by Pfiz
Austerity
The Independent: Reject austerity to defeat populism, Portugal’s socialist prime minister António Costa tells EU
Portugal has abandoned austerity – maybe not in a radical manner – but even then the nation’s citizens and economy are faring much better than it ever did under austerity. Read here
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