The Anti-Austerity Movement

Ezrati, Milton
June 2012
On Wall Street;Jun2012, Vol. 22 Issue 6, p35
Trade Publication
The article offers the author's insights on the effect of anti-austerity movement in Europe's debt crisis. The author states that despite Germany's failure to meet fiscal unity on its austerity pact due to political shifts, the pact remains severe since Berlin largely controlled the government budgeting. The author mentions that reaction against austerity can serve a good economic sense since it can put Europe into further recessions in the nations where austerity will be imposed.


Related Articles

  • Talking to Europe. Reeves, Rachel // Prospect;Feb2012, Issue 191, p17 

    The article presents the author's views on the financial crisis in Europe. She says that European countries are struggling to deal with slowing economy, however imposing punitive austerity measures and prolonged recession will not help them. According to her, the actual problem of Europe is its...

  • The fate of the eurozone lies with François Hollande.  // New Statesman;5/21/2012, Vol. 141 Issue 5106, p5 

    The editorial discusses economic conditions in Europe as of May 2012. It argues against austerity policies, claiming that in Greece and Spain they have failed to solve the sovereign debt crisis of the euro and have severely hurt ordinary people. It says that in Great Britain austerity policies...

  • The European Monetary Union Is Not Unsinkable. Rousseau, Richard // Diplomatic Courier;Jul/Aug2012, Vol. 6 Issue 4, p58 

    The article focuses on the state of the European Monetary Union (EMU) and the financial problem in 2012. It mentions the statement of Danish senior economic adviser Donald Olgaard comparing the EMU structure to the Titanic, with respect to the fixed-exchange rate policy of Denmark. It discusses...

  • Austerity and the Unraveling of European Universal Health Care. GAFFNEY, ADAM // Dissent (00123846);Spring2013, Vol. 60 Issue 2, p11 

    The article looks at the effect of austerity policies in many European countries on their health care systems, as of 2013. The author notes that free universal health care represents a major social achievement in Europe and outlines the different paths that various countries took toward it,...

  • End game for Greece. Leach, Graeme // Director;Jun2012, Vol. 65 Issue 10, p18 

    The article discusses the eurozone economic crisis as of June 2012 with a focus on the possibility that Greece will exit the euro. Topics include the differing views of France and Germany regarding fiscal and monetary policy, the European Central Bank (ECB), the campaigns of anti-austerity...

  • A Passion for Job Insecurity. Ackerman, Seth // Extra!;Feb2013, Vol. 26 Issue 2, p7 

    The article focuses on the mass media coverage of the Eurozone economic crisis, which seem obsessed reporters and pundits in the U.S. It discusses the debates surrounding austerity and its impact on economic growth and debt reduction, wherein, policymakers and pundits urge cuts to social...

  • Asset Class Strategy: A Generally Bearish Outlook For CEE.  // Emerging Markets Monitor;12/19/2011, Vol. 17 Issue 36, p14 

    The article forecasts the economic performance of Central and Eastern Europe as of December 2011. It states that there will be a full-year recession in 2012 for the euro due to the sovereign debt crisis and that emerging economies will see a decline in cross-border fund flows and weaker external...

  • Europe's done well. Fred Bergsten, C. // Prospect;Dec2011, Issue 189, p18 

    The article presents the author's views on the Eurozone's handling of the debt crisis. He comments that successful crisis responses have been demonstrated by the European institutions. He remarks that Europe's leaders are almost certain to deliver the desired outcome although they cannot say...

  • What next for refiners? Carter, Daniel // TCE: The Chemical Engineer;Jul2012 Consultants, p2 

    The article focuses on the European oil refining industry adapting to challenges. Ongoing challenges impacting European refinery utilisation are presented such as the global recession and the European financial crisis. Options to meet the challenges are discussed such as using technology to...


Other Topics