March 5, 2020

EUROZONE: Political incentives for treading carefully on stimulus

BY Wolfango Piccoli, Antonio Barroso, Carsten Nickel

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( 3 mins) Concerted stimulus of a significant magnitude is unlikely in the Eurozone for now. Instead, the focus remains on a mix of deliberately lax fiscal rule enforcement and reliance on monetary policy. Germany There is no majority in Chancellor Angela Merkel’s coalition for bold action at this point. The Organisation for Economic Co-operation and Development (OECD) […]

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