Latreille, Thierry; Sterdyniak, Henri; Veroni, Paola - Sciences économiques, Sciences Po - 2000
This study discusses the proposal which consists of financing large-scale infrastructure investments by issuing EU … bonds, first introduced by President Delors in his White Paper on “Growth, Competitiveness and Employment” in 1993. This …. But it is not considered as a major tool of European economic policy. Monetary policy is the major instrument of short and …