Mises Wire
Author:
Daniel Lacalle
Online Publish Date:
The €750 billion stimulus plan announced by the European Commission has been greeted by many macroeconomic analysts and investment should alert us against excessive optimism. As you may remember, the European Union launched in July 2009 an ambitious project for growth and employment called the of jobs in infrastructure, civil works, interconnections, and strategic sectors.” Europe was going to emerge from the crisis stronger than the United States thanks to