Photo Gallery: Paul Krugman's Recipe for Euro Salvation
Foto: Michael Reynolds/ dpa
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Photo Gallery: Paul Krugman's Recipe for Euro Salvation

Paul Krugman on Euro Rescue Efforts 'Right Now, We Need Expansion'

In a SPIEGEL interview, Nobel Prize-winning economist Paul Krugman argues that this is not the time to worry about debt and inflation. To save the euro zone, he argues that the European Central Bank should loosen monetary policy and the German government should abandon austerity.
The interview was conducted by Martin Hesse and Thomas Schulz