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Apr 22, 2013 06:58
Category: General News

Austerity Measures Not Helping Much

LONDON (AP) — Official figures show a number of financially strapped European countries which pursued severe austerity measures didn't have much to show for it last year. The year-end figures from Eurostat, the European Union's statistics office, showed that a number of the countries at the forefront of Europe's financial crisis even saw increased borrowing despite the bitter medicine prescribed by international creditors.