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Politics

G8 to balance austerity with dose of stimulus

May 20, 2012

G8 leaders welcomed broadening the focus in Europe to more pro-growth remedies, saying “We reaffirm our interest in Greece remaining in the eurozone” full story

More news

Britain can't abandon austerity for fiscal stimulus - EC

Britain's increasing debt burden and poor growth prospects means it cannot abandon austerity for fiscal stimulus measures, the European Commission has warned in its spring economic forecast.

telegraph.co.uk (20 days ago)

Why austerity has failed the eurozone

The eurozone would have ended up with a different outcome if economists knew ahead of time the effects of a heavy dose of austerity

financialpost.com (1 month and 21 days ago)

Amol Rajan: A killing argument for stimulus over austerity

In the past month, momentum has swung firmly behind those of us who agree with John Maynard Keynes’s assertion, made in 1937, that “the boom, not the slump, is the time for austerity at the Treasury”.

standard.co.uk (3 days ago)

Why Stimulus Is Back in Europe

Shoot me now: Austerity is bad for your health. Really. Is it any wonder that growth stimulus is back on the table in Europe?

cnbc.com (24 days ago)

Germany defies stimulus calls

Germany has ignored calls from its eurozone partners for more economic stimulus by tabling plans to cut spending and balance its budget ahead of schedule on the eve of an EU summit dedicated to growth.

cnn.com (2 months and 10 days ago)

Germany defies calls for stimulus

cnn.com (2 months and 11 days ago)

Europe toils for balance at an uneasy summit

Last night's European leaders' summit showed a shift in focus from austerity to growth, but France and Italy were still at loggerheads with Germany over a push to stimulate through spending above the EU's austerity limit.

businessspectator.com.au (2 months and 11 days ago)

The era of austerity is over (for now)

The era of austerity began on February 5, 2010. That was when the finance ministers and central bankers of the seven major industrialized powers flew to the remote Arctic village of Iqaluit, Canada. That meeting of the Group of Seven came at a time when the extraordinary financial rescues and fiscal and monetary stimulus of the crisis seemed to have done their job and the...

washingtonpost.com (24 days ago)

Moscovici: France Treading Line Between Austerity, Growth

French finance minister Pierre Moscovici told Reuters that France is on the right economic course and is striking the right balance between austerity and pro-growth policies.

palmbeachpost.com (27 days ago)

Japan Signals More Stimulus Before Vote

Japan's chief cabinet secretary says the economy is about to get a new dose of fiscal spending as the Abe administration looks to maintain its momentum heading into elections.

wsj.com (27 days ago)

G8 to balance austerity with dose of stimulus

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