Daily Archives: May 24, 2012

Is Europe playing chicken with Greece? | Business | The Guardian

May 24, 2012 By in Austerity, Euro Crisis, Keynesian, Neoliberal, ordoliberalism, People, Politics 2 Comments
François Hollande

François Hollande (Photo credit: Wikipedia)

This is an excellent article from Larry Elliott Economic Editor at the Guardian. Check it out!

Is Europe playing chicken with Greece? | Business | The Guardian.

For me, it is interesting that an extreme scenario is that the growth lobby will prevail over the austerity lobby. I shall be watching President carefully to see  just how much political leverage  he can exert.  

Personally, I think that market fears are overdone.

Banker says Nazi-era guilt has turned Germany into hostage of euro zone – Haaretz Daily Newspaper | Israel News

May 24, 2012 By in Austerity, Euro Crisis, Growth, Keynesian, Neoliberal, ordoliberalism, Politics Tags: , , , , , Leave a comment
Angela Merkel, the Chancellor of Germany

Angela Merkel, the Chancellor of Germany (Photo credit: Wikipedia)

This article from Haaretz is well worth a read. Check it out!

Banker says Nazi-era guilt has turned Germany into hostage of euro zone – Haaretz Daily Newspaper | Israel News.

For me, this article gives a glimpse of current right-wing German politics and perhaps gives us a clue why German Chancellor, Angela Merkel has been slow to move forward on rescuing the Euro.