Meanwhile, the European Union stagnates, managing only a 0.2 percent growth rate for the same period. Economists and policymakers are pressing for a stronger coordinated response to the EU’s economic doldrums. Such a response ultimately involves expanding the EU’s common economic policy to include fiscal policy. The original eurozone plans developed only a common monetary policy, which Euroskeptics saw as a potentially fatal shortcoming at the outset...
Posted on: Wed, 21 Jan 2015 08:49:56 +0000
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