The Traderszone Network

Published in TZ Latest News 12 August, 2015 by The TZ Newswire Staff

Sorry Troika, Spain’s Economic Recovery Is "One Big Lie"

During six months of protracted and terribly fraught negotiations between Athens, Berlin, Brussels, and the IMF, the idea that Spain, Italy, and Ireland somehow represented austerity “success stories” was frequently trotted out as the rationale behind demanding that Greece embark on a deeper fiscal retrenchment despite the fact that the country is mired in recession. Here’s the official line from the German Council of Economic Experts: 

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