Angela Merkel,the Chancellor of German claimed that debt crisis in Europe will be last for more than five years.Especially,Greece has been struggling with the strictness. She also said that it is the time for Europe for austerity otherwise Europe can not attract investment from other countries.
Source :www.news.com.au
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I totally agree with the Europe practice.There are so many alternative solutions to solve this problem.The best way is to stimulate the growth of economy without increasing deficits.
In Thailand,we had been through this problem before but we should always look for the ways to improve economic efficiency.
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