Merkel masters markets with euro austerity
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."
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