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The IMF's economic models suggest that it would take 5 years for the breakeven point at which the economic benefits of austerity measures start exceeding the costs of the measures in declining GDP and higher unemployment. The German view is that this can occur in the short term.
Grouped Articles
Policy âTroikaâ for Europe Financial Woes at Odds
New York Times 06.07.2013
German Election Overturns Political Order
Wall Street Journal 09.23.2013
Known for Tight Spending, I.M.F. May Have to Loosen Reins After G-20 Windfall
New York Times 04.05.2009
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
How Righteousness Killed the World Economy
New York Times 10.12.2014
EU Won’t Reject French, Italian Budgets
Wall Street Journal 10.28.2014
New York Times 11.30.2014
Austerity Debate a Matter of Degree
Wall Street Journal 02.17.2012
The Rest of Europe vs. Germany
New York Times 02.16.2012
New York Times 02.19.2012
Germany's Merkel to Need Opposition Help in Approving EU Fiscal Pact
Wall Street Journal 03.03.2012
IMF Says Recovery Remains Fragile
Wall Street Journal 04.18.2012
French Far Right Challenges Both Europe and Sarkozy
New York Times 04.23.2012
New York Times 04.26.2012
Dutch Government Moves Ahead on Austerity Plan
Wall Street Journal 04.28.2012
Election Heralds Power Shift in Alliance With Germany
Wall Street Journal 05.03.2012
New York Times 05.06.2012
World leaders agree on more spending to boost Europe’s economy - The Washington Post
Washington Post 05.20.2012
Group of 8 Leaders Confront German Focus on Austerity
New York Times 05.19.2012
How National Belt-Tightening Goes Awry - Economic View
New York Times 05.19.2012
IMF Says Greece Needs More Time
Wall Street Journal 10.12.2012
A growth manifesto: A little faster, George?
Economist 03.13.2013
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