Weekend ongoing coverage (1) | G8’s Camp David: austerians vs growthers

NEW YORK | In the idyllic setting of the Catoctin Mountains of Maryland 63 miles from the White House, world leaders gathered on Friday for the G8 summit. This time, the agenda has real economic substance. Will the intimacy of the lodges in the wilderness help to solve the eurodrama?

The pressure is expected to be high on Mrs Merkel. She is the only one representing the “austerians” versus the “pro-growth” (Obama, Monti, Hollande).

Technically there will not be any key paneuropean decision made in this meeting, since it is not the proper forum. However, in Camp David some solutions could be tackled: eurobonds, a quantitative easing for Europe or a Marshall Plan through the EIB.

Media are flaring up the fire. The New York Times published its anti-Merkel op-ed, urging her to stop trying to solve different problems with the same political strategy.

About the Author

Ana Fuentes
Ana Fuentes is The Corner Editor-in-Chief. Currently based in Madrid, she has been a correspondent in New York, Beijing and Paris for several international media outlets such as Prisa Radio, Radio Netherlands or CNN en español. Ana holds a degree in Journalism from the Complutense University in Madrid and the Sorbonne University in Paris, and a Masters in Journalism from Spanish newspaper El País. You can contact her at: anaf[at]thecorner.eu

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