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THE BOTTOM LINE

EU's Keynesian adventure may spark fresh recession

Wednesday, December 3, 2014 - 05:50
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Europe is embarking on a Keynesian adventure to regenerate stagnant economies. The big question is whether meddling bureaucracy will stymie the plan.

EUROPE is embarking on a Keynesian adventure to regenerate stagnant economies. The big question is whether meddling bureaucracy will stymie the plan. Following the failure of low interest rates and easy money to boost growth and raise job prospects of some 24.5 million unemployed, the European