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Euronews
Euronews
Eleanor Butler

EU budget needs 'a comprehensive overhaul' to handle shocks, says IMF

The EU needs to spend more on public goods to strengthen productivity and growth, said the International Monetary Fund on Tuesday.

Speaking at the annual EU budget conference, Alfred Kammer, the IMF’s European department director, noted that “the scale and nature of the challenges ahead require a fundamental rethink”.

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