Europe's Fiscal Shift
Europe is experiencing a significant shift in fiscal policy, with the EU announcing a €750 billion recovery fund that marks a departure from previous austerity measures. This development raises questions about the future of macroeconomic stabilization and the role of the ECB as it rethinks its inflation targeting. The conversation highlights the potential for a new approach to fiscal burden sharing within the eurozone, contrasting the current climate with past crises.In this clip
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The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took
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