Summary corrections

Original summary:

The article “Europe already is one foot in ‛Japanese’ deflation grave” by Ambrose-Evans-Pritchard, that was published on October 23, 2013 is about the European Debt crisis.

At the moment the percentage of debts in the European Union is increasing. With the exceeding debt rates, deflation is also rising. Over the past few months prices within the EU have been falling, increasing the risk of deflation. France, Spain, Greece, Portugal Cyprus, Slovenia, Latvia and in particular Italy for example have especially faced this problem.

One of the reasons for the problem the EU is currently facing has its origin in politics. Evans-Pritchard argues that because of poor policy, like imposing high taxes on the wrong countries and giving too much money to countries, as Germany, the specter of deflation rises.

The author states that one possible solution for this problem would be, if European countries like Spain, France and Italy started to work together, putting through a reflation policy that would stop the inflation fall.

Corrected version:

The article “Europe already is one foot in ‛Japanese’ deflation grave” by Ambrose-Evans-Pritchard, that was published on October 23, 2013  the 23. of October 2013, is about the European Debt crisis.

At the moment the percentage of debts(private dept or national dept) in the European Union(could be a bit more specific) is (shouldn't it be are increasing?) increasing. With the exceeding debt rates, deflation is also rising(can deflation rise? maybe occurs would sound better). Over the past few months prices within the EU have been falling, increasing the risk of deflation. France, Spain, Greece, Portugal, Cyprus, Slovenia, Latvia and in particular Italy for example (already mentioned all of them, why "for example"?)  have especially faced this problem.

One of the reasons for the problem the EU is currently facing has its origin in politics. Evans-Pritchard argues that because of  due to  poor policy, like for example, imposing high taxes on the wrong countries and giving too much money to countries, as Germany, the specter of deflation rises. (I'm not sure if this is true. Germany does not get the money, but is reluctant giving it)

The author states that one possible solution for this problem would be, if European countries like Spain, France and Italy started to work together, putting through a reflation policy that would stop the inflation fall.  (A key figure in this is Germany and it is missing.)