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Saving the Eurozone: Is a ‘Real’ Marshall Plan the Answer?

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Saving the Eurozone: Is a ‘Real’ Marshall Plan the Answer?

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CAGE Director and Department of Economics Professor Nicholas Crafts argues that the rationale for a new Marshall Plan would be both to reduce the chances of a chaotic break-up of the eurozone and to allow more time to prepare for this eventuality – while at the same time working to improve the medium term economic performance of the euro periphery.


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