Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Sure, it would only need to be maybe 2-5 % of total GDP when you average it over every year of operation.

Instead, what's being suggested as a bold "growth" policy is to recycle unspent structural funds into paying down debt. And let's not forget the structural funds are part of the 1% of GDP EU budget...

So, yeah, the EU Council and Commission are full of vision and courage.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Sat Mar 17th, 2012 at 09:58:12 PM EST
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