2min chapter

The ECB Podcast cover image

Is financial stability at risk in these stormy times?

The ECB Podcast

CHAPTER

Government Support

The aggregate debt to GDP ratio in the euro areas now have gotten over 95%. And there needs to be a plan to bring that back. High inflation above 10% in the euro area still is really got to be the focus of monetary policy authorities right now. So fiscal policy measures were too broad, too supportive. They would be going against each other and you wouldn't get anywhere.

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