Europe's growth woes worsen

Europe's growth woes worsen

By Philip Whyte, 15 February 2012
From The Wall Street Journal

"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