Anti-austerity backlash: France leads revolt against belt-tightening

2014-10-08 1

Are the French being feckless or blazing a trail for avoiding Europe's third recession on the trot? The Socialist government has stuck by what it calls a reform budget... with a deficit far greater than the 3% of GDP that eurozone members must abide by. Just how strong is anti-German sentiment in Brussels? And what's the best medicine for a Europe hoping to avoid a lost decade of anaemic growth?



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