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The discussion about low interest rates and appropriate debt rules gained renewed impetus after Olivier Blanchard’s 2019 presidential address to the American Economic Association. Interest rates are persistently below growth rates in most advanced economies, including euro area sovereigns....
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In recent years spectacular attempts by various major industrialized countries to reduce government expenditure have met with limited success and given rise to heavy controversies. What are the lessons to be learnt? What are the principles to be followed in cutting government expenditure?
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This article examines the hydrogen partnerships between Germany, the EU and Egypt in the context of the EU's Carbon … Border Adjustment Mechanism (CBAM). Germany, the largest future hydrogen importer in the EU, and Egypt, a country with an … ambitious hydrogen strategy, are developing a partnership to boost renewable hydrogen production in Egypt. However, high funding …
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