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Channel: Macrobits by Marshall Auerback » Portugal
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‘Sinnful’ advice from Germany

Hans-Werner Sinn, Germany’s leading anti-euro agitator, is at it again:  he believes that countries such as Portugal and Greece should temporarily leave the Eurozone in order to mitigate the systemic...

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Portugal shows that there’s more fiscal insanity ahead

Portugal’s prime minister says the government will have to cut spending on health, education and social security to keep the country’s €78bn bailout programme on track.  He made a televised address on...

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