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The EU Fiscal Pact and the Constitutionalisation of Austerity Forever
Start:07/05/2012 20:00

The economic crisis has reached a new momentum with the EU heads of government signing the Fiscal Pact on 2 March. What German Chancellor Angela Merkel triumphantly called a ‘milestone in the history of the European Union’ opens up Pandora’s box. Critics warn that the new Fiscal Pact constitutes a massive assault on democracy and leads to a further deepening recession.
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