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Time for Germany to step up

Britain cannot escape the eurozone's continuing crisis

Germany must help avert crisis in the Eurozone. © Adam Baker

The economic performance of the eurozone since the crisis has disappointed, with forecasts downgraded year after year. Consumer spending is stuck at its 2009 level, unemployment is too high and the burden of government debt continues to pile up. Inflation is now running well below the 2 per cent target of the European Central Bank (ECB) and is likely to remain so for some time.

The persistent disappointments have…

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