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Why OMT is not the solution for Italy right now
- mariademertzis
- Mar 16, 2020
- 1 min read
The Outright Monetary Transactions tool is not well suited for Italy right now. Italy needs fiscal support both by itself and by the EU. Italy and the rest of the EU need a fiscal bazooka. We should find a way of backstopping our economies immediately.See my new oped here.
