Europe's phony war between austerians and deficitarians
Marc De Vos sees economic theory and political reality diverging on the issue of deficits and austerity. Polarization is a huge waste of time. The budgetary challenge for Belgium is structural and not cyclical. The crisis cannot be an alibi to let the budget derail even further.
An acceptable deficit, what’s in a name?
Some play out arguments to loosen budget discipline in Belgium. There are however economic and social reasons not to take this risk.
