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ArtikelGoing for Growth, but How? Charlemagne  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 403 no. 8783 (May 2012), page 56.
Topik: Fiscal Policy; Politics
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.71
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThe words of Mario Draghi were just an aside, but they caused a stir. "We have had a fiscal compact. Right now what is in my mind is to have a growth compact," the president of the European Central Bank told the European Parliament. He did not elaborate. But from a man closely linked to the German desire for fiscal rectitude, his words led many to hope that the euro zone might move on from its self-defeating obsession with austerity. Mr Draghi, it seems, has started being less German and more French as Europe awaits the likely election of Francois Hollande as the new French president. Mr Hollande, a Socialist, wants to renegotiate the fiscal compact, a treaty toughening fiscal rules, to include growth. Yet nobody should get carried away by a hope that the euro zone is embarking on a radical new course. Calling for growth is like advocating world peace: everybody agrees that it is a good thing, but nobody agrees how to do it.
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