Game-changing EU recovery fund must deliver cash fast to succeed

Press quote (Bloomberg Quint)
29 May 2020

“What is the immediate fiscal and macroeconomic boost, that we get from this? It may be more modest than many believe,” said Christian Odendahl, the Berlin-based chief economist at the Centre for European Reform. “It’s important that national governments complement this investment-led strategy with more down-to-earth, plain-vanilla demand spending of their own.”