IMF Reinforces Its Recipe for Austerity and Spending Control for Europe in Response to the Impact of Iran’s War

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Despite poor economic growth, the Fund ensures that the EU should have as its priority in its economic policies "to keep inflation expectations anchored and mitigate the impact of shock within the available fiscal margin"The ECB raises 0.25 points interest rates to 2.25% despite Europe's weak economic situation "There is no justification for widespread fiscal support, structural fiscal consolidation remains indispensable or rigorous application …