Editorial: If we want to boost the European economy, policymakers must step up

  • 📰 The Independent
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Cheap money seems here to stay unless moves are made to loosen fiscal policies, take action against monopolies and improve workers’ education and training

But it is also important for the world, for Europe has become a testing ground for whether cheap money can deliver sustained economic growth. It is now more than 10 years since the collapse of Lehman Brothers triggered the global financial crash. Yet while there have been reasonable recoveries in some countries, including the US, UK and Germany, the overall performance has been disappointing.

 

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Question: why should we want to boost the European economy?

How ? By letting poor countries leech off wealthier ones ?

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