[Ifroham4]

Hi friends I recently heard that there is European commission is set to take one more step in easing the Euro crisis. They said that all European countries can slow the pace of their austerity measures as the high pace of austerity measures is proving a obstacle in growth.

[NeroASERCH]

Yes I agreed with full all the major European countries are set to adopt the austerity measures that is reducing their public spending. But when a country adopts such measures it directly influences the consumer spending and in return the growth rate declines badly.

[brraverishhh]

But the austerity measures should be adopted as the you see the public deficit of major of the European countries is high and moreover the debt to GDP ratio is also beyond the acceptable value .so it is mandatory to adopt the austerity measure but with the calculated pace as it can have adverse affect on GDP growth.

[softy54534]

Earlier also there was a several austerity measures that are taken in order to improve some ratios and that worked well also. All the major stock indices fallen down after the European commission set to regulate some more norms to austerity measures. Tensions across the stock market deepen after the news released.

[Slonopotam845]

I heard that some of the most common and favorite measures including labor market reforms, welfare adjustments are required to ease the Euro crisis and also help to smoothen the growth pace. But at the same time too much fiscal consolidation can lead to prove a country incompetitive.