Europe’s Fiscal Overkill – Telegraph Blogs

For the advanced economies, there is an unmistakable need to restore fiscal sustainability through credible consolidation plans.

At the same time we know that slamming on the brakes too quickly will hurt the recovery and worsen job prospects. So fiscal adjustment must resolve the conundrum of being neither too fast nor too slow.

via Europe’s Fiscal Overkill – Ambrose Evans-Pritchard Telegraph Blogs.