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Greater EU fiscal powers will boost pandemic recovery
How to escape the pandemic? For some, led by Mario Draghi, the Italian prime minister and former president of the European Central Bank, the pandemic has called into question the previous economic policy balance and they are calling for a new model of fiscal governance. For others, such as Wolfgang Schäuble, president of the Bundestag and Germany’s former minister of finance, the pandemic has created a necessary but rushed rise in public debts which, nonetheless, must be brought back within the confines of the previous fiscal policy model as soon as possible. The outcome of this stand-off will define the future of ... (full story)
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- May 28, 2021 11:29am May 28, 2021 11:29am
- jimr
- | Joined Aug 2014 | Status: Member | 151 Comments
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- May 29, 2021 8:20am May 29, 2021 8:20am
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UKBanter
- | Joined Mar 2017 | Status: Member | 938 Comments
The elites think we are stupid. They are in the main quite correct.