Speciale, Alessandro, (2017), “Draghi’s Stimulus Could Blunt Populism as Unemployment Falls”, Bloomberg Markets, 25 April
Mario Draghi’s stimulus didn’t prevent the rise of populists who want to reject the euro, but it might be taking the edge off the economic pain that fueled their support.
The European Central Bank president has pushed through measures that have led the currency bloc out of a double-dip recession and cut unemployment, a key source of discontent among voters, by 4 million people in the past four years. Satisfaction with the single currency has been rising in most nations over the same period.
Relevant Posts
- Emmott, Bill, (2017), “Populism Versus Prosperity”, Project Syndicate, 9 March
- Thomas Fricke, (2016), “A New Economic Paradigm To Fight Populism”, Social Europe, 21 June