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Added on the 11/07/2012 18:49:35 - Copyright : France 24 EN
Is Greece heading for a health crisis? Our reporters find out how a 40% cut in the country's health budget is affecting the lives of patients. Luckily, the homeland of Socrates also has no shortage of success stories: a number of Greek companies and artists have found creative ways to fight back, sometimes thanks to EU funds. We find out more with Greek MEP Marietta Giannakou.
"Stop obsessing with inflation", Italian MEP Pino Arlacchi tells the Germans as François Picard’s panel argues over the best way to spur growth in times of austerity...and whether the answer involves loosened labour laws.
Is France as fiscally carefree as Greece and Italy? Markus Kerber certainly thinks so. François Picard’s panel weighs up the pros and cons of austerity at a time when growth is grinding to a halt in Europe.
With growth now slowing even in Germany and China, Jan Randolph of IHS Global Insight warns against 'snuffing out the recovery' with too much (and the wrong kind) of austerity. Our panel debates the risk of a new global recession.
Not only did the new Conservative government announce radical belt-tightening to shed 500 000 jobs, big cuts in the public sector, and a rise in the retirement age to 68, the British Finance Minister warned that citizens no longer want a public sector that answers to the aspirations and expectations of the 1950s. How far is the pendulum swinging?