European Recovery I, II & III



These contributions consist of an analysis of two different stimulus packages : the first one based on EU Commission and Bruegel Institute estimates with 1.5% GDP stimuli both in 2009 and 2010; the second based on OECD economic outlook report of March 2009 with a 2% of GDP stimulus in 2009 and an extra 2.5% of GDP stimulus in 2010.