France's Le Maire: Europe needs to be ready to use fiscal stimulus to boost the economy

More hot air coming out from Le Maire

  • Fiscal stimulus is more effective than monetary stimulus in a virus crisis
  • If coronavirus lasts long and if growth is impacted, then Eurozone will have to boost budget spending

He's hitting all the key buzz words in his remarks here but again, these are nothing but hollow words. You have to wonder, if this doesn't get them to move then what will?

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