"Some measures already announced by national governments
Germany: package of measures set to generate 50bn euros in investment and contracts
France: 19bn euro injection into key industries
Spain: 40bn euro fiscal stimulus package, including 6bn euros in tax cuts
Italy: 80bn stimulus package, but a large part of the money has been already received
UK: £20bn (23.6bn euro) fiscal stimulus plan, including cut in VAT
Seems like leaders in France and Germany have a lot more sense than Brown and Darling who are just going to blow the money for no gain with a 2.5% reduction of VAT.
Seems like leaders in France and Germany have a lot more sense than Brown and Darling who are just going to blow the money for no gain with a 2.5% reduction of VAT.
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