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End Austerity Now

Blyth, M., (2013), “End Austerity Now”,, 20 Αυγούστου.

In recent weeks, talk about a budding recovery in the eurozone has gained traction, with key indices pointing to expansion in the core countries – data that many are citing as evidence that austerity is finally working. Money-market funds from the United States are returning, albeit cautiously, to resume funding of European bank debt. Even Goldman Sachs is now bullishly piling into European equities. But is a recovery really underway?