German Chancellor Angela Merkel addresses the media during a news conference after a meeting with financial experts in Berlin. Far from falling, government debt burdens are rising fastest in European countries that have enacted the most draconian austerity programs, according to The Associated Pressí Global Economy Tracker.
German Chancellor Angela Merkel addresses the media during a news conference after a meeting with financial experts in Berlin. Far from falling, government debt burdens are rising fastest in European countries that have enacted the most draconian austerity programs, according to The Associated Pressí Global Economy Tracker.
Photo by Associated Press /Chattanooga Times Free Press .
published Tuesday, February 21st, 2012
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WASHINGTON — Europe has endured the pain of layoffs, wage cuts and tax increases designed to bring government debt under control.

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