The European Economic and Social Committee (EESC) considers that the budgetary orientation of the Eurozone should be slightly expansionist in 2018, for instance in order to offset the ECB's anticipated phasing-out of its 'quantitative easing' (QE) operation for the mass buyback of largely public securities.
In a press release, the author of the EESC report, Javier Doz Orrit (Workers' Group, Spain), said that budgetary stimulus with a focus on public investment would help to increase both...