Europe's leaders ditch austerity and fight pandemic with cash
“A monumental crisis like this creates the political space to challenge whatever the thinking was before,” said Christian Odendahl, the Berlin-based chief economist at the Centre for European Reform.
...“The narrative is completely the opposite,” Mr. Odendahl said. “Germans are saying, ‘Well, this is why we did austerity, so that we have the fiscal space to do this where it is really needed.’ We are not challenging the dogma.”