Stonehenge visitor centre, Berlin palace among projects put on hold thanks to big deficits

Press quote (Chicago Tribune)
Simon Tilford
12 August 2010

Economist Simon Tilford at the CER said the cumulative impact of several years of predicted weak growth "will be considerable over the next decade, 15 years," especially in physical infrastructure and education. "What I fear is that the cuts will be made in the wrong places," he said, and hurt "many of the things that make Europe a good place to do business and have a high standard of living."