Merkel masters markets with euro austerity

Merkel masters markets with euro austerity

Written by Charles Grant, 24 January 2012

Spending cuts won't solve the euro's problems "and Germany is making it all a lot worse," Charles Grant, director of the  CER, said in an interview. "If Germany doesn't change its mind, the currency won't survive. Merkel has lacked the courage to be a leader, someone who changes the way people think and takes risks."

Link to press quote:
http://www.bloomberg.com/news/2012-01-24/merkel-masters-markets-with-euro-austerity-mollifying-investors.html