A Renewed Political Deal for Sustainable Growth within the Eurozone and the EU: An open letter to the President of the European Council
Gespeichert in:
Bibliographische Detailangaben
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Brussels [Belgium] CEPS Centre for European Policy Studies 2010
Schlagworte:
Online-Zugang:BSB01
Beschreibung:Under current policies, the European Union will only be able to pull itself out of low growth and high unemployment very slowly - too slowly to exclude dangerous economic and political assaults on the Union's continuing cohesion and viability. What is needed is a substantial increase in the EU output growth rate, which has been persistently low for too long a time. With low growth, sovereign debt sustainability in a number of member states will remain uncertain, possibly leading to renewed strains in financial markets and rising spreads that will aggravate the costs of budgetary consolidation
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