Colijn: EU Looks for Medium-Term Boost in Contrast to U.S.


Manage episode 292335937 series 1504387
By Bloomberg LP and Bloomberg News. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
The European Recovery Fund will serve more as a medium-term boost to growth than a quick cash injection in line with the U.S. fast stimulus package. That's according to Bert Colijn, senior euro-area economist at ING. In the short-term, the U.S. will grow faster but Europe stands to gain significant investment, boosting overall GDP growth for longer. He speaks in an episode of The Brussels Edition with Bloomberg's Maria Tadeo.

2896 episodes