Austerity without end – or, how Italy found itself trapped by European rules
By Raul Sampognaro If the budget submitted by France is out of step with the rules on fiscal governance in the euro area (see the […]
budget deficit
Japan’s reconstruction: constrained by the deterioration in public finances
By Bruno Ducoudré Following the earthquake that hit Japan in March 2011, the government estimated the cost of the loss at 16.9 trillion yen (3.6 […]