CEPS © 2020

The European Green Deal after Corona Implications for EU climate policy
CEPS In Brief

How Europe Should Manage the Coronavirus-Induced Crisis

Published on: 09 March 2020

How Europe Should Manage the Coronavirus-Induced Crisis

Originally Published: Project Syndicate, 9 March 2020

Neither interest-rate cuts nor new government spending would do much to offset the short-term effects of COVID-19 in Europe. Central banks and government authorities should explain this to the public, and then focus their attention on the less glamorous work of safeguarding public health, household incomes, and the financial system.

Read more here.

 

About the Author


Author
Daniel Gros Daniel Gros
Daniel Gros