Tagged with: NRP
The €400 mn solution - a plan to recover bondholders' money
Michael Burke 24/11/2010
Michael Burke: There are some very large numbers bandied around in the misnamed ‘National Recovery Plan’ (NRP). €6bn of fiscal tightening this year and €15bn altogether over the next 4 years represents nearly 4% of GDP in the current year. If there is no growth over the next 4 years, then the reduction in government outlays and increased …
National Recovery Plan
24/11/2010
The Plan can be downloaded here. TASC's initial response is available here.
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