Euro zone cautiously eyes fiscal boost

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Euro zone cautiously eyes fiscal boost
 © In-Cyprus 2020

Euro zone finance ministers will discuss on Monday a document that calls for a more growth-friendly fiscal policy, a move that could lead to Germany’s spending more as fears of a downturn grow amid uncertainty from the coronavirus outbreak.

The 19-country euro zone has for years stuck to a “broadly neutral” fiscal policy in its annual recommendations, despite repeated calls from the European Central Bank and slow-growth states for it to invest more.

But weak growth last year in Germany, the bloc’s largest economy, and fears of a new...


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This article was automatically added to our system 17-2-2020

Euro zone cautiously eyes fiscal boost


The contents of this article including any associated images are © In-Cyprus 2020
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