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Sweden's centre right government loses the 2014 election with 39.3% of the vote, the Social Democrats allied to the Green Party win about 43.7% of the vote. A far right party calling for 90% cuts in immigrant integration funding doubles its vote. Immigrants mainly from war torn Syria, Iraq and Somalia. The increased voting for the far right comes mainly from the centre right government party. The women's party gets 3.1% of the vote. The Social Democrats argued that the centre right government had pursued policies that were leading to a deterioration in services, education and infrastructure through its austerity programs. Sweden's centre right government had supported the policies of Germany's Angela Merkel for tight control on spending.
Grouped Articles
Sweden Takes a Left Turn After 8 Years of Rightist Rule
New York Times 09/14/2014
European Finance Ministers Support Investment Program
New York Times 09/14/2014
Scandinavians Split Over Syrian Influx
New York Times 09/19/2014
Merkel Hints at Economic Policy Shift in Germany
New York Times 10/09/2014
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
EU Won’t Reject French, Italian Budgets
Wall Street Journal 10/28/2014
The twin problems of lack of growth and overvalued currencies under the solutions of austerity plans without debt reduction and a single euro currency create impossible odds for a resolution of the eurozone financial crisis. Germany's insistence on tough austerity measures, European banks delaying restructuring of bad loans similar to the U.S. Brady plan, failure of politicians in Italy and Greece to take early action, and small steps by policymakers, are compounding the effects of the eurozone crisis.
Grouped Articles
German Election Overturns Political Order
Wall Street Journal 09/23/2013
New York Times 11/03/2013
Germany's Surplus Isn't the Problem
Wall Street Journal 11/11/2013
The 'Silent Austerity' in Banking
Wall Street Journal 01/21/2014
Italy Central Banker Is Open to 'Bad Bank'
Wall Street Journal 02/10/2014
Saying No to Austerity, Spain Unveils Tax Cuts
New York Times 06/20/2014
Germany's need to invest in new infrastructure and repair old infrastructure. Like the U.S. Germany faces a large backlog of infrastructure spending needs in 2013. Tight budgets have limited the spending even as neglected infrastructure falls into a state of acute disrepair. A situation seen in other European countries such as Italy.
Grouped Articles
German Policy Takes Toll on Public Works
Wall Street Journal 03/15/2013
European Finance Ministers Support Investment Program
New York Times 09/14/2014
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
As European leaders jointly push Germany to accept deposit insurance for European banks, European banking regulation, and eurobonds, Porter looks at the choices facing Germany. Eichengren of UC Berkeley says Ms. Merkel may be trying to extract as many quid pro quos as possible as she continues to oppose all moves to aid financially troubled eurozone countries. In the end says Porter it is in Germany's interest to relent, as the costs have been overstated, Germany will not forfeit aid money, and Germany is the main beneficiary of the declining competitiveness of its neighbors. A return to the deutsche mark now would present deeper problems for Germany as its exports would decline.
Grouped Articles
New York Times 11/03/2013
Germanyâs Neighbors Admonish It Over Surplus
New York Times 11/13/2013
Americanized Labor Policy Is Spreading in Europe
New York Times 12/03/2013
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
Why Germany Will Pay Up to Save the Euro
New York Times 06/26/2012
Report Suggests ECB Bank Supervision
Wall Street Journal 06/26/2012
Grouped Articles
Merkel Hits Wall With Europe Fix
Wall Street Journal 12/24/2013
Euro-Zone Economy Shows Weaker-Than-Expected Expansion
Wall Street Journal 05/15/2014
Germany Considers Remedies for Slowing Growth
Wall Street Journal 10/08/2014
Merkel Hints at Economic Policy Shift in Germany
New York Times 10/09/2014
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
Government Holds Firm in Germany in Face of Weakening Economy
New York Times 10/17/2014
Grouped Articles
New York Times 11/10/2013
New York Times 10/21/2010
Britain's Austerity Overdose
New York Times 10/22/2010
Jack Monroe Has Become Britain’s Austerity Celebrity
New York Times 01/14/2014
London's Tory Mayor Defies the Tory Party
BusinessWeek 11/04/2010
How Righteousness Killed the World Economy
New York Times 10/12/2014
Grouped Articles
New York Times 11/10/2013
Hard times force French to work longer -- to age 62
Washington Post 06/16/2010
France's Lagarde Forecasts Austerity
Wall Street Journal 06/23/2010
French Unions Protest Pension-Age Overhaul
Wall Street Journal 09/08/2010
French Senate Passes Pension Bill
New York Times 10/22/2010
French Cabinet Is Dissolved, a Victim of Austerity Battles
New York Times 08/25/2014
The initiative of the German and French Economics ministers Sigmar Gabriel and Emmanuel Macron to call on lecturers Pisani-Ferry and Henrik Enderlein for advice, comes at a time when Germany's growth has declined to zero or negative in the second half of 2014. Both are critics of Merkel's policies. For the first time Merkel is listening to different opinions and advice even as the government says it is sticking to balanced budgets. Finance minister Schauble continues to say investment should be mostly private. ECB president Draghi has generated the discussion by saying at a Brookings Institution conference in Washington D.C. that governments with fiscal space (referring to Germany) should provide stimulus. He added that eurozone governments that do not listen to new advice about generating growth will be swept away by public opinion. German officials privately say they can understand the Hollande government's situation with favorability ratings of 18% at the lowest level of any postwar French government. The situation is now markedly different from before with Berlusconi's old politics gone in Italy, and Matteo Renzi having obtained the largest mandate of any eurozone leader in the recent EU parliamentary elections, receiving 40% of the vote. Renzi and French premier Manuel Valls are pushing for less austerity reflected in the 2015 French budget now being reviewed in Brussels.
Grouped Articles
Germany, France Tap Economists for Advice to Avoid ‘Lost Decade’
Wall Street Journal 10/14/2014
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
Growth Fears Grip a Divided Europe
Wall Street Journal 10/17/2014
Government Holds Firm in Germany in Face of Weakening Economy
New York Times 10/17/2014
EU Won’t Reject French, Italian Budgets
Wall Street Journal 10/28/2014
European Union Blinks in Budget Battle With Italy and France
New York Times 10/28/2014
Germany's municipalities have a backlog of infrastructure spending needs of about 100 billion euros, according to KfW bank. Germany spends far less on infrastructure than the U.S., UK, Spain and other countries. Infrastructure spending is less than what is needed to take care of depreciation, much less than what is needed to rebuild it. Schools, bridges, roads have been neglected as Germany has focussed on exports. Infrastructure spending at 39.5 billion euros in 2012 was down by 9.5% from 2011 in inflation adjusted terms for Germany.
Grouped Articles
Elites Flock to Anti-Euro Party, Alternative for Germany
New York Times 04/14/2013
New York Times 11/03/2013
Germanyâs Neighbors Admonish It Over Surplus
New York Times 11/13/2013
Euro-Zone Inflation Returns to Record Low
Wall Street Journal 02/02/2014
Germany Considers Subsidies for Non-State Child Care
New York Times 06/06/2012
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
Grouped Articles
A Campaign in Germany, an Influence Far Beyond It
New York Times 09/14/2013
Merkel Wins Big in German Election
Wall Street Journal 09/23/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
DW.COM 11/21/2016
Gerhard Schroeder describes his approach to a new Agenda 2020 for Europe. Schroeder implemented Agenda 2010 for Germany with changes to the welfare state in Germany starting in 2003. He talks about how this was done and important decisions that were made at the time for implementing it without losing public confidence, which bear directly on the situation today.
Grouped Articles
Germany reaps rewards of entitlement cuts - The Washington Post
Washington Post 09/20/2011
Germans Respond to Merkel's 'Motherly' Side
Wall Street Journal 08/23/2013
Germany's Surplus Isn't the Problem
Wall Street Journal 11/11/2013
Germanyâs Neighbors Admonish It Over Surplus
New York Times 11/13/2013
Germany’s flagging economy: Build some bridges and roads, Mrs Merkel
Economist 10/17/2014
Greek Crisis Shows How Germany’s Power Polarizes Europe
Wall Street Journal 07/07/2015
Even the focus on "no austerity" leaves 50 billion in euros of cuts which will be pushed into 2016-2017. With the critics of Hollande on the left saying he is undermining France's social welfare model. With inflation at estimated 0.3% in the eurozone for September 2014 this is a perilous time of no growth and deflationary tendencies.
Grouped Articles
France Produces a ‘No Austerity’ Budget, Defying E.U. Rules
New York Times 10/01/2014
France 2015 Budget to Curb Spending
Wall Street Journal 10/02/2014
Merkel Hints at Economic Policy Shift in Germany
New York Times 10/09/2014
How Righteousness Killed the World Economy
New York Times 10/12/2014
French Bravado Being Put to the Test in Eurozone
Wall Street Journal 10/13/2014
Germany, France Tap Economists for Advice to Avoid ‘Lost Decade’
Wall Street Journal 10/14/2014
Analysts point to the austerity measures adopted by Italy and Spain much earlier than other countries in the eurozone. The risk now is cutting into muscle as growth for 2011 is expected to be below 1% in both countries. Italy say analysts is actually in surplus when the interest on debt is excluded.
Grouped Articles
Italy Urged to Resist a Relapse in Spending
Wall Street Journal 05/03/2013
Still Sputtering, Spain Turns Away From Cuts
Wall Street Journal 05/12/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
New York Times 11/03/2013
Saying No to Austerity, Spain Unveils Tax Cuts
New York Times 06/20/2014
European Finance Ministers Support Investment Program
New York Times 09/14/2014
The determination in France, as in Britain, to take austerity measures, and to cut the deficit.
Grouped Articles
France Goes Against the Euro-Zone Flow
Wall Street Journal 04/18/2013
Europe to Vote on Tougher Rules for Currency
New York Times 09/27/2011
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
German Optimism Depends On Spanish Deficits
Wall Street Journal 09/25/2013
S.&P. Downgrade Deals Blow to French Government
New York Times 11/08/2013
Euro Zone Deficit Hits Target for First Time Since 2008
New York Times 04/23/2014
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