Nobel-prize-winning economist Paul Krugman told Brussels on Tuesday (17 March) that the European Union is not spending enough on its fiscal stimulus programmes.
Where the EU committed €200 billion in a recovery plan last year, Mr Krugman said Brussels in fact needs to spend around €500 billion this year and up to a trillion in total over the next three years to get the economy going again.
"My back of the envelope math says on both sides of the Atlantic we should be having a stim...
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