A surplus of ambition: can Europe rely on large primary surpluses to solve its debt problem?
"IMF forecasts and the EU’s Fiscal Compact foresee Europe’s heavily indebted countries running primary budget surpluses of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt/GDP ratios down to the Compact’s 60 percent target. We sho...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
London
2014
CEPR |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19117210124919354929-a-surplus-of-ambition-can-euro.htm |
