The European economy is still stalling despite a never-ending flow of inventive policy-making by the European Central Bank and other public authorities to replace private credit flows with public ones.
The latest invention is European Commission President Jean-Claude Juncker’s European Fund for Strategic Investment (EFSI), a tool for funding additional public and private investment in Europe to boost aggregate demand and improve European infrastructure.
Resorting to a jaw-dropping...
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Already a member? Login hereLisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.
Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.