Europe's Unsung Heroes

Forbes, Steve
June 2010
Forbes Asia;Jun2010, Vol. 6 Issue 7, p9
In this article the author reflects on the move of several European countries to implement several economic measures to counter the impact of the global recession. He commends the effort of Lithuania to reduce its government spending, cut public-sector salaries, and slash pensions to bring back positive economic growth. The author also cites the stiff economic medicine undertaken by Ireland and Latvia which do not wait for a collapse before taking tough measures.


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