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When Facts Change, Change the Pact

Jean Pisany-Ferry, (2019), “When Facts Change, Change the Pact”, Project Syndicate, 29 Απριλίου

“When facts change, I change my mind,” John Maynard Keynes famously said. With long-term interest rates currently near zero, the European Union should reform its fiscal framework to allow member states to increase their debt-financed public investments.

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