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Autori Sezioni: Paul De Grauwe

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The Ecb must finance Covid-19 deficits

Having witnessed the 2008 financial crisis and the subsequent eurozone debt crisis, Europe’s policymakers should already realize what the Covid-19 pandemic could mean for the economy. To avert a self-perpetuating downward spiral, the European Central Bank will need to start thinking outside the box. Da “Project Syndicate”.