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Interview - La Repubblica - J. Fitoussi: La situazione si sta avvitando, serve un piano espansivo

image-09/03/2015 - 17:16August 15, 2015La Repubblica published an interview with SEP Senior Fellow Jean-Peal Fitoussi , where he discusses Berlin’s position on austerity, and the need for expansion in Europe. He argues that in France and Italy, there is a need for investment, and that Germany seems to have an ideological problem with regard to spending any of its reserves. He asserts that Berlin’s obsession with public finances is crushing trade within the euro area, reducing demand, and limiting investments.

- The full article (in Italian) is available from La Repubblica.