‘Europe: heading for an end to austerity?’

Published on 24 April 2013 at 09:30

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Now that the pace of cleanup policies has been criticised in “the very temples of economic discipline,” notably by European Commission President, José Manuel Barroso, Libération wonders if all of this is not leading to a change of course for Europe.”
The left-wing daily points out that austerity policies have even been called into question by the Netherlands, which, when faced with the prospect of recession, gave up on its “good student’s” plan to introduce €4bn in spending cuts.
In Europe, "six countries have already or will shortly be obtaining Brussels’ approval for the extra time" they need to restore balanced budgets. However, notes the newspaper, "the key to a change in European policy is not in Brussels, but in Berlin."

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