PDA

View Full Version : Dutch Cabinet Collapse Shows Folly of Merkel Fiscal Pact - Bloomberg



NewsWhore
04-23-2012, 07:20 PM
Dutch Cabinet Collapse Shows Folly of Merkel Fiscal Pact (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGtccgMwk5ZnjiAzvtktP-sM5OeLg&url=http://www.bloomberg.com/news/2012-04-23/dutch-cabinet-collapse-shows-folly-of-merkel-fiscal-pact.html)
Bloomberg
In countries without recourse to monetary easing or currency devaluation, the strategy demands too much austerity too soon. It's one thing to apply pressure on governments for needed policy reforms -- evidently the guiding principle of German policy.

and more » (http://news.google.com/news/more?ned=us&ncl=diHlMYEyN_OZ08M)





More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGtccgMwk5ZnjiAzvtktP-sM5OeLg&url=http://www.bloomberg.com/news/2012-04-23/dutch-cabinet-collapse-shows-folly-of-merkel-fiscal-pact.html)