Home » Posts tagged with "EU Crisis"


Merkel calls for austere Europe, rejects new debt

Post Pic
German Chancellor Angela Merkel left little ground to hope she would abandon or moderate the austerity program for Europe as she warned that growth on new loans would push the EU into deeper crisis. “Growth through structural reform is sensible, important and necessary,” she said during an address to the German Parliament. “Growth through debt would throw us back to the beginning of the... 
Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.