Europe argues over spending cuts
It might appear from the outside that in Europe the big argument over spending cuts has been settled. After all, most governments are taking the axe to their budgets. Even while growth remains anaemic finance ministers are reducing deficits and bringing down their debt. So from Madrid to Athens to Dublin to Rome it is the era of smaller government, with public sectors being pruned and welfare costs reduced.
08/18/2010
— Filed under: Business,Society
Tags: Europe, spending cuts
