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Wednesday, December 3, 2008

Europe's big stimulus plans don't quite add up

Behind the headlines, the numbers are wispy, at best. But analysts say that the goal is often just to reassure the public.

Surveying the various European plans, Gilles Moëc, senior economist at Bank of America in London, said the total was far short of what was necessary. "The harvest is not so nice," he said....

Read more Europe's big stimulus plan


Source: international herald tribune

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