NEWS FLASH
European Economies Continue To Stumble Under Austerity | Thinkprogress has noted how several European countries engaging in austerity in an attempt to correct the trajectory of their economies are, instead, plunging deeper into recession and seeing their finances deteriorate. Continuing that trend, Calculated Risk noted today that Italy’s deficit is growing and Greece’s economy is contracting further, despite the austerity measures in each nation.

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