Photo Gallery: Loosening Up on Belt-Tightening
Alejandro Garcia/ dpa
Fotostrecke

Photo Gallery: Loosening Up on Belt-Tightening

Austerity About-Face German Government to Gamble on Stimulus

With the euro crisis refusing to relent, the German government is backing away from its austerity mandates and planning to spend billions to stimulate ailing economies in Southern European. But can the program succeed?
Translated from the German by Christopher Sultan