Skip to comments.More Money Please: A New Plan to Boost Europe’s Straggling Investments
Posted on 07/01/2014 4:38:22 PM PDT by Olog-hai
The euro crisis may have eased recently, but companies and countries in the common currency zone still arent investing enough to fuel growth. The best solution, a Berlin economics institute argues, is to establish an EU-wide investment fund. [ ]
But simply ratcheting up public expenditures, as some Southern European governments have advocated, is not a sound strategy for improving the situation, the [German Institute for Economic Research (DIW)] believes. One of Europes biggest weaknesses is the lack of private investments, (Marcel) Fratzscher says. We have to close the gap by way of a European investment agenda.
(Excerpt) Read more at spiegel.de ...