Economic crisis

Pressure on Spain builds as bonds face key auction

Written by Simon Tilford, 16 April 2012

"There is a risk that, in the absence of offsetting stimulus through macro policy…structural reforms will make things worse in the short-term, however beneficial in the long-term," said Simon Tilford, of the CER.

Link to press quote:
http://online.wsj.com/article/SB10001424052702304444604577340063267929098.html?mod=googlenews_wsj