Guest post by Poul Nyrup Rasmussen
Last week the European Union agreed a European Economic Recovery Plan supposedly worth 1.5% of GDP. I think such a plan is absolutely essential. Furthermore, if those investments – coming mainly from the member states as the EU’s own budget is very small - are made simultaneously and in a coordinated way, the spill-over effects will almost double the impact. Problem is reaching a non-binding agreement is easy. The reality may be somewhat different.
The Party of European Socialists has attracted some rather unfavourable comment in the FT and The Economist (and much positive coverage elsewhere) on our manifes
There is no new stimulus package from conservative-led
As for the EU’s recovery plan, a lot more still needs