Is Europe finally stabilising?

Mark Loydall, Director, Cambourne Financial Planning A lot of what happens in Europe depends on whether Angela Merkel is re-elected and suddenly decides that struggling countries must further embrace austerity. With this in mind, I think there is still good reason to be cautious. There are dangers if Merkel continues on that path; the UK's debt is certainly not going down through austerity. The way the US has tackled its problems has been quite different to the way the UK and Europe are tackling theirs. At the moment, the US's strategy - not embracing austerity at all - seems to hav...