Euro zone not prepared enough to face new crisis, says French finance minister

📆 06/08/1397 05:38 ب.ظ
📰 CNBC

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There is no risk of contagion from Italy's budget crisis in the European Union but the euro zone is not prepared enough to face a new economic crisis, French Finance Minister Bruno Le Maire told daily Le Parisien on Sunday.

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Seriously though, with interest rates so low, how do you reduce them to stimulate the economy? How does the EU buy any more bonds and will that even do anything? What’s left? Helicopter money? 😮

They weren’t ready for the last one either 😯

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