How can we avoid having to borrow as a country to pay our rising interest costs? ‘The only way to stop an interest snowball is to reduce the budget deficit,’ says Gert Peersman, Professor of Economics at Ghent University.
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How can we avoid having to borrow as a country to pay our rising interest costs? ‘The only way to stop an interest snowball is to reduce the budget deficit,’ says Gert Peersman, Professor of Economics at Ghent University.