Jeremy Leonard, Director of Global Industry Services and Angel Talavera Head of European Economics at Oxford Economics discuss avoiding austerity II in the EU.
With Canada, the United States and other economies attempting to stimulate economic recovery while maintaining debt within sustainable levels, is the European Union on the same page with its 27 member countries? It’s about fiscal frameworks, striking the right balance and applying the lessons of recent history.
Read the full article below:
You may be interested in
Australia’s CAPEX falters in Q1, with cost inflation to test activity
Private new capital expenditure fell 0.3% q/q in Q1 2022, led lower by a fall in buildings and structures investment. The weak result is in part due to the impact of Omicron on labour availability, and the postponement of construction activity in flood affected areas. Machinery & equipment volumes rose in the quarter.Find Out More
LandAid’s 10K Challenge
Yesterday, members of Oxford Economics joined LandAid’s 10k run in Regents Park London to raise awareness and funds for young people experiencing homelessness.Find Out More
Anchors away – RBA change course and raise rates
The RBA has opted to raise the cash rate target to 0.35%. For some time, the RBA identified faster wage growth as its trigger for raising rates. Official data sources have provided no new information on this front over the past month. But the board has put their faith in information from the RBA business liaison program that wage growth is picking up.Find Out More