Tuesday, July 1, 2014

More Money Please: A New Plan to Boost Europe's Straggling Investments

The euro crisis may have eased recently, but companies and countries in the common currency zone still aren't investing enough to fuel growth. The best solution, a Berlin economics institute argues, is to establish an EU-wide investment fund.
Among economists, Marcel Fratzscher is considered to be particularly creative. As head of the German Institute for Economic Research (DIW), Fratzscher publishes more than almost any other economist in the German-speaking world and even politicians come to him for expertise. Indeed, he has been tasked by Economics Minister Sigmar Gabriel -- who is also German vice chancellor and head of the center-left Social Democratic Party -- with heading up a working group to examine how investments in Germany can be boosted.

http://www.spiegel.de/international/business/a-new-plan-to-boost-european-investment-to-avoid-recession-a-978357.html 

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