Too Poor to Grow?: Europe Eyes Shift from Austerity to Stimulus

[sysop]

After two years of austerity, growth is suddenly back in fashion in Europe, following calls by the incoming French president, François Hollande, for measures to boost the economy. But the EU's planned "growth pact" is likely to be too small to help the crisis-hit countries of southern Europe.

http://www.spiegel.de/international/...832379,00.html

[Inglenda2]

A single international currency is bound to continue to fail, as long as the fundamental basis of harmony between the national health, unemployment, pension and tax systems does not exist.