Here is another contribution to the "austerity vs. stimulus" debate that has characterized not just the US-EU relationship, but also debates within the EU and between the EU Member States and International Financial Institutions like the IMF. Although IFIs like the IMF initially promoted a course of austerity for countries like Greece, Portugal, Ireland, and Spain, they have since moderated if not fully reversed course on the "harsh" cuts that were imposed on these countries early in the financial crisis.
Has there been any discussion of the ways in which the economic crisis or Europe's economic woes have impacted the work of your respective internship organizations?
Christine Lagarde at the World Economic Forum (photo from the World
Economic Forum via EU Observer: http://euobserver.com/economic/120219)