Euro zone nations need to run fiscal deficits to help reflate the economy in the aftermath of ECB policy failure, writes David Brown. Photo: AFP

Macroscope by David Brown

Euro zone nations need fiscal steroids, not budgetary restraint

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More deficit spending is needed to help achieve the necessary reflation in light of weak and falling inflation

Published: 9:57am, 19 Mar, 2018

Updated: 10:33pm, 19 Mar, 2018

Euro zone nations need to run fiscal deficits to help reflate the economy in the aftermath of ECB policy failure, writes David Brown. Photo: AFP

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