To be sure, there are particular small countries which have made serious spending cuts, in the Baltics most of all. But sometimes one hears it said that an anti-austerity strategy must be EU-wide as a whole, or that austerity is.
ATHENS, Greece – Greece's commitment to austerity is no longer valid because voters have rejected those deals, a left-wing party leader declared Tuesday as he tried to form a new coalition government. Alexis Tsipras, head of the Radical Left Coalition
By Shawn Tully, senior editor-at-large May 8, 2012: 9:26 AM ET Europeans are rejecting austerity measures in favor of growth policies. Unfortunately, the terms are too often misunderstood. Voters say no to austerity, yes to Francois Hollande.
Joe Stiglitz on Europe: After Austerity, by Joseph Stiglitz, Commentary, Project Syndicate: This year's annual meeting of the International Monetary Fund made clear that Europe and the international community remain
By Noah Barkin and Stephen Brown BERLIN, May 7 (Reuters) – Germany is ruling out any substantive shift in its approach to Europe's debt crisis despite a rising chorus of opposition to Berlin's austerity policies that reached a