Why austerity is only cure for the eurozone

Commentary article by the German Federal Finance Minister. Piling on debt now will stunt growth in the long run, writes Wolfgang Schäuble.

ESO: Background information: Fears rise again over Europe debt crisis / Eurozone fears resurface http://www.europeansources.info/record/fears-rise-again%e2%80%89over-europe-debt-crisis-eurozone-fears-resurface/

ESO: Background information: Merkel suffers blow in regional election http://www.europeansources.info/record/merkel-suffers-blow-in-regional-election/

ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU http://www.europeansources.info/advSearchLink?keyword=commentary%20feature%20emu%20challenges%20&searchOption=all

EurActiv, 2.9.11: Germany's Schäuble calls for new EU treaty http://www.euractiv.com/euro-finance/germany-sch-uble-calls-new-eu-treaty-news-507256

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