The OECD’s chief economist, Laurence Boone, expects Northern Europe to experience an economic shock, probably by the end of the summer.
Chastising countries with a fiscal surplus policy, especially Germany and the Netherlands, the chief economist of the OECD told the Financial Times that “they are not doing enough” in terms of spending.
Her view was echoed by Germany’s economy ministry on Monday, which confirms the economy will experience a “weak” second quarter, but expressed confidence in a ...

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