Merkel and the German Economy – Austerity or Stimulus?

Through her cautious handling of German austerity policy, Chancellor Angela Merkel has positioned her nation as the leading economy in Europe. Yet, in light of recent economic turbulence, there is concern over whether the use of austerity is doing more harm than good to the German and European economies. Jordan Jackson reports. 

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Demanding Justice in the Greek Recovery

After more than three years of dismal economic news regarding the Greek crisis, some are beginning to see a light at the end of the tunnel. Prime Minister Antonis Samaras’s coalition government has cohered remarkably well after the political paralysis in the months preceding his 2012 swearing-in, despite fierce competition between the New Democracy majority and radical leftist opposition party, Syriza. This relative stability appears to have inspired the confidence of the Troika, who gave Athens a “thumbs up” in their first progress report since releasing fresh aid in December to avoid bankruptcy. 

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