The pretext of inflation. The german policy of cuts prioritizing the creditor
Keywords:
Germany, European Central Bank, Eurozone, Spain, Greece, Austerity
Abstract
Under the subterfuge of inflation and by means of a strict conditionality in return forproviding financial assistance to peripheral Europe, Germany is trying to consolidatean austerity policy that guarantees the payment of debts to German banks. The cutsimposed by Berlin, however, increase the risk of recession and intensify the North-South divide in Europe.Downloads
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Published
2012-12-21
How to Cite
de la Pola Zurita J. C. (2012). The pretext of inflation. The german policy of cuts prioritizing the creditor. Papeles de Europa, 25, 87-108. https://doi.org/10.5209/rev_PADE.2012.n25.41099
Section
Articles
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