Europe at a Crossroads
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Fiscal Policy in the Uro Area Is at the Crossroads
Fiscal policy in the uro area and also in the european union is at the cross roads. Finding back to a sustainable path for fiscal policy without endangering the recovery, is a huge challenge. The credit financing of the huge next generation programme is an exemption of the law that the e is not allowed to take credit. And unfortunately, many countries will spend the additional funds coming from the e level, not for investment in ditulasation, fight against climate change, but spending it on public consumption,. says Atmar issing.
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