"In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments."

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Source : "Interview with The Wall Street Journal". Interview with Robert Thomson, Matt Karnitschnig, Brian Blackston, www.ecb.europa.eu. February 24, 2012.

Mario Draghi

#Government Quotes #Investment Quotes #Infrastructure Quotes

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