Questions in Europe as outlook falls

Questions in Europe as outlook falls

Press quote (The Wall Street Journal)
Simon Tilford
24 February 2012

"I think there needs to be a recalibration of targets for Spain and Italy," said Simon Tilford, chief economist of the CER, adding it was crucial they "avoid making the same mistakes we've seen in Greece, Portugal and Ireland," in reference to the three eurozone countries that have required international bailouts.