Merkel insists austerity part of Europe's cure
BERLIN (AP) — Chancellor Angela Merkel has underlined Germany's insistence that austerity is part of the solution to Europe's financial crisis but emphasized that reforms to make labor laws more flexible and encourage private investment also are essential. Calls are mounting across Europe for Berlin to relent on an austerity drive that's become increasingly unpopular in other countries. Reported by SeattlePI.com 3 hours ago.
BERLIN (AP) — Chancellor Angela Merkel has underlined Germany's insistence that austerity is part of the solution to Europe's financial crisis but emphasized that reforms to make labor laws more flexible and encourage private investment also are essential. Calls are mounting across Europe for Berlin to relent on an austerity drive that's become increasingly unpopular in other countries. Reported by SeattlePI.com 3 hours ago.
