Europe's growth woes worsen

Europe's growth woes worsen

Written by , 15 February 2012

"If everyone is deleveraging and fiscal policy is tightened against that backdrop, then no one spends," said Philip Whyte of the CER. "There has been a sea change in emphasis" from austerity to growth in much of Europe, Mr Whyte said, "but I don't detect much of a change in German thinking."

Link to press quote:
http://online.wsj.com/article/SB10001424052970204883304577222603697078904.html