The United States on Thursday called on Europe to act decisively to boost its economy and counter the risk of a protracted stagnation that would undermine economic growth in America. “Decisive action is needed now to restart demand and avoid the risk of protracted stagnation,” U.S. Treasury Under Secretary Lael Brainard told U.S. lawmakers. Speaking for the administration of President Barack Obama, Brainard said Europe should rethink a broad ...
Reported by VOA News 1 day ago.
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