22 min listen
The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took
FromOdd Lots
ratings:
Length:
58 minutes
Released:
Aug 10, 2020
Format:
Podcast episode
Description
For years, people have identified the lack of fiscal transfers and fiscal burden sharing as one of the glaring architectural flaws of the European economy (particularly within the eurozone). One positive that may result from this crisis is the potential for that to change. Last month, EU governments made an agreement to establish a recovery fund that would see wealthy, thriving countries (like Germany) directly aid in the economic recovery of countries that are struggling (such as Italy). It’s something people hoped to see during the eurozone crisis of nearly a decade ago, but which never quite panned out. On this episode, we speak with former ECB Vice-President Vítor Constâncio about the historic step, and the future for central banking at a time when fiscal firepower is becoming even more important.
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Released:
Aug 10, 2020
Format:
Podcast episode
Titles in the series (100)
Episode 9: The 2016 Predictions Episode: Episode 9: The 2016 Predictions Episode by Odd Lots