This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

End Austerity Now

Blyth, M., (2013), “End Austerity Now”, www.project-syndicate.org, 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?