Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

The nest is full

Oct 11, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy

Austerity on agenda as G7 meets near London

Stephen Beard May 10, 2013
Share Now on:
HTML EMBED:
COPY

Finance ministers and central bankers from the Group of 7 leading economic powers — including the U.S. — are holding informal  talks about the global economy in a stately home north of London today. But their fireside chat may not be too cozy. Germany’s finance chief is in for roasting over the hot topic of austerity.

The U.S. will lead the onslaught, urging the Germans to go for growth and ease up on austerity and slacken their demand that debt–laden euro zone countries cut their public spending. France will join in the Germany bashing and the new, anti-austerity Italian finance minister will add his voice to the small chorus of criticism.

But the Germans insist that the criticism is misplaced. They’ve already shifted ground. With Germany’s blessing, France and Spain have recently been given an extra two years to cut their budgets. German analyst Constanze Stelzenmueller says German policy has been misunderstood.

“In all fairness, Chancellor Merkel would say this is not just about cutting debt or austerity. It’s about structural reforms to labor and services markets in order to enable growth,” says Stelzenmueller. 

Germany does have at least one ally at the meeting in Britain.  Yesterday, Prime Minister David Cameron said, “We need to go on cutting our deficit — but at a sensible, measured pace.”

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.

Check Your Balance ™️
Check Your Balance ™️
Personal finance from Marketplace. Where the economy, your personal life and money meet.

Thank you to all the donors who made our fall drive a success!

It’s Investors like you that keep Marketplace going strong!