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Merkel, Rehn Warn Against “Debt Fueled” Growth
The German chancellor and Europe’s top economic official both cautioned governments against more borrowing.
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Greece Fails to Put Together New Government
Talks to form a new coalition collapsed less than a week after elections. A rerun is expected for June.
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Bo’s Purge An Opportunity for China’s Modernizers
The ouster of Chongqing party chief Bo Xilai gives Premier Wen Jiabao and his allies the chance to sideline hardliners.
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After Local Elections, Italians Seek Room for Stimulus
Italy’s main conservative and left wing parties lost support in local elections. Italians’ taste for austerity is dwindling.
