Tuesday, September 6, 2011

Half-Hearted Austerity: Berlin Rattled by Italian and Greek Foot Dragging















Chancellor Angela Merkel is having trouble finding a majority for a crucial vote this month on expanding the euro backstop fund. A key cause of skepticism can be found in Rome. Patience is wearing thin in Europe as Italy stumbles toward a half-hearted austerity package.



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Spiegel