March 17, 2020

EUROPE/MACRO: The politics of “bazooka” frustration

BY Wolfango Piccoli, Antonio Barroso, Carsten Nickel

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( 4 mins) ● Last week, the fiscal and economic measures announced by individual member states created high expectations, especially when Germany’s finance minister joined the chorus of those referring to “bazookas” lately. ● Yesterday’s Eurogroup meeting could, therefore, only disappoint, as it became clear that the usual caveats still apply: Coordinated solutions on the European level will […]

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