The first corona wave has already made a well of 50 billion euros in the budget. If the second wave is just as destructive, the hole becomes twice as deep, says economics professor Paul De Grauwe. “But that shouldn’t stop the government from continuing to pump money into the economy. The money is there with heaps. ” A conversation with a hopeful message, “but I am not optimistic”.
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Yes, the situation is serious, says Paul De Grauw, professor and economist at the London School of Economics. “Very serious indeed. But it is not hopeless. I’ve said it before: we should avoid …
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