On Spanish and German Austerity and Other Links

5 Comments
  1. Anonymous says

    It always frustrates me when I see large numbers (cut the budget by a total of around €80 billion by 2014) given without context as to what it means. The €80 billion budget cut is a 4 year cumulative total, beginning with a decrease of €10 billion in 2011 from the 2010 total, and incrementally decreasing each year until 2014. For a €3 trillion economy the press given to the budget seems a bit out of proportion.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More