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Content about Angela Merkel

May 22, 2012

From France and Holland to Slovakia and Greece, governments are falling victim to a European wide backlash against austerity. It seems no pro-austerity party is safe, with even Angela-Merkel’s Christian Democrats suffering a humiliating collapse in recent regional elections. Suddenly, it seems the debate in Europe is shifting away from austerity and towards a greater emphasis on boosting growth and creating jobs. So what is behind all this sudden talk of growth in Ireland and Europe and is the Fiscal Treaty fast becoming a dead duck?

 

From France and Holland to Slovakia and Greece, governments are falling victim to a European wide backlash against austerity. It seems no pro-austerity party is safe, with even Angela-Merkel’s Christian Democrats suffering a humiliating collapse in recent regional elections. Suddenly, it seems the debate in Europe is shifting away from austerity and towards a greater emphasis on boosting growth and creating jobs.