On Monday 15 June, the OECD's Chief Economist, Laurence Boone, certainly welcomed the proposal for a European Recovery Plan submitted by the European Commission at the end of May. However, “ultimately the level of fiscal stimulus, at both European and national levels, may need to be increased”, she said in a debate with the European Parliament's Committee on Economic and Monetary Affairs.
According to the economist, “it is important that suspension of fiscal rules remains unchanged...