Fiscal policy News
Daniel Gros: Europe?s civil war over debt
Great empires rarely succumb to outside attacks. But they often crumble under the weight of internal dissent. This vulnerability seems to apply to the euro zone as well.
Key macroeconomic indicators do not suggest any problem for the euro zone as a whole. On the contrary, it has a balanced current account, which means that it has enough resources to solve its own public-finance problems. In this
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