Latest piece of research from Moody’s (rating agency)
In Southern Europe, EU recovery funds will boost growth and cut debt, but long-term benefits are more uncertain
- Greece, Italy, Portugal and Spain to receive nearly half of all grants and loans in EU recovery fund
- Along with regular EU funding, the associated investment will lift growth, reduce debt and improve debt affordability
Would it be wrong to re-use this pic so soon?
This article was originally published by Forexlive.com. Read the original article here.