NewsWorldFor the Nobel laureate in economics Joseph Stiglitz, Europe...

For the Nobel laureate in economics Joseph Stiglitz, Europe has been slow to implement a recovery plan – franceinfo

-

The economist gave an interview to AFP at a forum in Cernobbio, Italy.

Article written by

Posted

Update

Reading time : 1 min.

He warns against a return to austerity policy. The Nobel laureate in economics Joseph Stiglitz judges in an interview with AFP, Sunday, September 5, that the European Union should have adopted a device comparable to its mega-stimulus plan from the debt crisis in 2010.

Faced with the horrors of the Covid-19 pandemic, “Europe came together and created the € 750 billion Stimulus Fund, which is the sort of thing that should have been done during the euro crisis in 2010”, he declared on the sidelines of The European House-Ambrosetti Forum in Cernobbio (Italy).

During this mini-Davos, organized on the shores of Lake Como, Bruno Le Maire recognized that it was for Europeans to “change what they did during the euro crisis”, highlighted Joseph Stiglitz, great figure in the criticism of austerity. “We were slow to act in 2008”, said the French Minister of the Economy on Saturday.

Faced with the urgency of the health crisis, “The EU provided the money without the austerity conditions it imposed in 2010 and disbursed the first installment” this summer, but doubts remain on the continuation of the payments, estimates the American economist.

“If they fall back into the old method and again become excessively strict on the conditions and do not pay the second installment” because the objectives set will not have been achieved, “some of the old problems may resurface”, he warns.

1 COMMENT

  1. Download Pierpaolo Lauriola – Canzoni scritte sui muri Album Mp3 Zip
    Download The Worship Initiative & Shane & Shane – The Worship Initiative, Vol. 18 (Accompaniments) Album Mp3 Zip
    Download Jason Adams – Reflections & Imperfections Album Mp3 Zip
    Download Various Artists – Dancehall Playlist, Vol. 4 Album Mp3 Zip
    Download Robinio Mundibu – Saison 1 Album Mp3 Zip
    Download Guitar Relaxing – Relaxation à la guitare: Guitare mélodie de rêve romantique Album Mp3 Zip
    Download Tigerskin – Silver Sun – EP Album Mp3 Zip
    Download River Roots – River Roots Album Mp3 Zip
    Download Martial Solal – Solo Piano: Unreleased 1966 Los Angeles Session. Volume 2 Album Mp3 Zip
    Download Paulina Fuentes – Invierno Album Mp3 Zip
    Download R.A.W – The Raw Report – EP Album Mp3 Zip
    Download Robert Schroeder – New Frequencies, Vol. 3 Album Mp3 Zip
    Download Hallig – A Distant Reflection of the Void Album Mp3 Zip
    Download Current – Feasting and Mirth Album Mp3 Zip
    Download Pure Nigga – Cnv Sound Volums (Kion Studio One Shots) Album Mp3 Zip
    Download Zoe Stirrett – Sunflower Eyes – EP Album Mp3 Zip
    Download Josh Heinrichs & Skillinjah – Made in California – EP Album Mp3 Zip
    Download Nuovi Orizzonti – Solo per Amore Album Mp3 Zip
    Download Timothy Cavicchini – Nudi e perpendicolari (feat. Ostetrika Gamberini) Album Mp3 Zip
    Download Maddi Lyn – Scars and Memories – EP Album Mp3 Zip
    Download Paleface – Chapter 1: From the Gallows – EP Album Mp3 Zip
    Download Rachel Marie Wells – Music on a Mission – EP Album Mp3 Zip
    Download Lin Sheng-xiang – 林生祥童謠專輯: 頭擺頭擺 Album Mp3 Zip
    Download ZekeTAM – L’ultima mano Album Mp3 Zip
    Download Orquesta Silbando – Mano Sinistra Album Mp3 Zip

Comments are closed.

Latest news

What you need to know about the back-to-school allowance paid from this Tuesday – franceinfo

Parents of students look forward to it every year. The back-to-school allowance should help families buy notebooks, pens,...

The star of the jockey screens is expecting a second child: After a year, she is PREGNANT AGAIN! – Topky.sk

Romana Dang Van became the mother of daughter Linh just last year. She gave birth to her longtime...

They implement a reliable control system for Granada’s future particle accelerator – Granada Hoy

The 'DIBA' project has implemented this Tuesday a reliable and secure delivery scheme for critical data and control signals...

Covid today Lazio, 614 cases and 5 deaths: 361 infections in Rome

There are 614 coronavirus infections in Lazio today, 16 August 2022, according to Covid numbers and data from the...

Piero Angela, today the funeral: crowd in the Capitol

Hundreds of people waited in line in Piazza del Campidoglio for the opening of the funeral home to pay...

Vladimir Putin targets the United States and offers weapons to Latin America, Asia and Africa

Is Putin capable of using Russia's nuclear power? 1:10 (CNN Spanish) -- A little less than six months...

You might also likeRELATED
Recommended to you