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French, German Economists Offer Plan to Counter EU 'Stagnation'

Warning that Europe is falling into a “stagnation trap,” leading French and German economists proposed a package of reforms and investment initiatives on Thursday to revive growth in the euro zone's two biggest economies. The economist were commissioned to do the report by both countries. Henrik Enderlein of Germany's Hertie School of Governance, and Jean Pisani-Ferry, head of the France Strategie government think-tank, offered an implicit trade-off between shaking up the rigid...

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