Thursday, 28 August 2014

'French Can't Follow Merkel - Austerity Not Solution to Crisis'

Disagreement between Eurozone countries has come on the back of very poor GDP growth in recent months. German chancellor Angela Merkel blames euro-neighbours, France among them, saying they're unable to deal with their high deficits, but analyst Michael Mross says Germany's austerity policy will not solve the EU's problems.

The economic situation in Europe is being made worse with the unnecessary US instigated sanctions against Russia.

Related Info:

Shell's ex-CEO says sanctions on Russia don't work

[Posted at the SpookyWeather blog, August 28th, 2014.]

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