EU stimulus plan poses ‘risk to debt refinancing’

Author (Person)
Series Title
Series Details 9.1.09
Publication Date 09/01/2009
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The European Union’s €200bn fiscal stimulus plan to conquer recession may harm the ability of some governments in the 27-nation bloc to refinance their debts, the Czech Republic’s finance minister, Miroslav Kalousek, warned on the 8 January 2009.

Related Links
Vox.eu, 1.1.09: The IMF on fiscal policy in the crisis http://www.voxeu.org/index.php?q=node/2743
ESO: Background information: Split widens over Europe recovery plan http://www.europeansources.info/record/split-widens-over-europe-recovery-plan/
BBC News, 8.1.09: Czechs warn on EU fiscal plans http://news.bbc.co.uk/2/hi/business/7818474.stm

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