Europe’s leaders ditch austerity and fight pandemic with cash

A British prime minister from the party of Margaret Thatcher has effectively privatised the national railway system, while forsaking budget austerity in favour of aggressive public spending. Germany has set aside its traditional detestation for debt to unleash emergency spending, while enabling the rest of the European Union to breach limits on deficits.

from bdnews24.com - Home https://ift.tt/2UzWcry