| Author (Person) | Plender, John |
|---|---|
| Series Title | Financial Times |
| Series Details | 31.12.11 |
| Publication Date | 30/12/2011 |
| Content Type | News |
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Analysis feature. From the wreck of the sovereign debt crisis Germany has unquestionably emerged as Europe’s pre-eminent power. And a central tenet of the German solution to the crisis ... is that other eurozone members must be recast in their mould of fiscal orthodoxy and financial conservatism. Article discusses the background of this providentialism and homespun finance? Author concludes that Germany rules in the eurozone debt crisis and thus southern Europe should prepare for austerity, followed by deflation, unemployment and, eventually, civil strife. |
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| Countries / Regions | Europe, Germany |
