F.A. Hayek Foundation

Does Europe remain focused on austerity and structural changes as its preferred strategy to deal with crisis? Most likely not.

A survey in 1995 in 34 US states showed that the advantages of the outsourcing of road management have been used by up to 37% of the cities, and in the period of 1987-1995, the number increased by 19%.

International Monetary Fund head Christine Lagarde said the U.S. government’s debt reduction plans are too abrupt, which could cause the U.S. economy to contract by over one and a half per cent.

Opponents of the austerity policy have forgotten that one of the main causes of our current problems is not saving in response to the crisis.

In Nicosia, people with banners saying \"Merkel and Schaeuble go home\", protested against EU imposed rule of taxing their bank savings.

In recent months, economic confidence has worsened and unemployment has risen over 12 percent across the currency zone. But the real problem is youth unemployment.

How long will the Euro last? Up to 5 years; it is not my opinion but senior German government advisor´s.

The Egan-Jones rating agency, which usually predicts things more accurately than other official agencies, has downgraded Germany from A+ to A with a negative outlook.

And over time, we can say that the improvement of business conditions has become an issue of being homeless

The engine of Europe - Germany - will not save anybody if economy is weak. German imports and exports fell sharply in February for the third time in the last four months, which indicates some problems.