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Sunday, February 19, 2012
19/2/2011: Wall Street Journal on EU Debt/GDP ratio
The Wall Street Journal article on EU's debt/GDP sustainability target of 120%, quoting yours truly: link.
The 120% target is a "sacrosanct European Union illusion," says Constantin Gurdgiev, an economist at Trinity College in Dublin. "I can't see any economics behind it."
....and what a quote that is:
ReplyDeleteThe 120% target is a "sacrosanct European Union illusion," says Constantin Gurdgiev, an economist at Trinity College in Dublin. "I can't see any economics behind it."
Nice!
Best
Georg