Lagarde to France, Germany, Spain: Spend, Baby Spend!
Ken Wattret, Chief European Economist, IHS Markit
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Bereft of monetary policy options to kickstart growth, incoming ECB President Christine Lagarde wants richer, lower-deficit northern nations to open their coffers with fiscal spending measures. The only thing lacking? Details.
Presented by: Khoo Hsu Chuang, Lyn Mak, Sharidz Abdullah
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Tags: ECB, Christine Lagarde, Fiscal Stimulus, Europe,