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Posts tagged as “European Union”

Austerity Kills, Yet Persists in Greece

Last month, the International Monetary Fund issued a rare mea culpa admitting it botched the Greek bailout and pushed ill-advised austerity measures in the wake of the Greek economic crisis back in 2011. The IMF admitted to underestimating the severity of the state’s debt crisis and significantly miscalculating…

Britain-German Relations: Is the Eurozone Crisis Eroding Two Countries’ Friendship?

Recent meetings between British Prime Minister David Cameron and German Chancellor Angela Merkel have indicated a strong, if not friendly relationship. Cameron, who visited Berlin with his family, met with Merkel and was extended rare invitations to stay at Schloss Meseberg, a Baroque castle in the…

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