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Fixing the Eurozone Crisis: Pros and Cons

Kiron KreuterOctober 12, 2011

When it comes to the eurozone crisis, opinions in Europe remain divided. Some say countries should cut costs and get their financial houses in order. Others support consumer incentives to boost the economy.

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Gustav Horn from the Macroeconomic Policy Institute (IMK) in Dusseldorf argues that Europe must increase its rescue aid and create investment programs to help debt-burdened Greece. Michael Hüther, head of the Cologne Institute for Economic Research, supports aid for Greece, but not unconditionally.