Governor Olli Rehn: To what extent should the State or the European Union use monetary and budgetary policies to counter the effects of crises and promote business development?
(World News Science)

Governor Olli Rehn Bank of Finland Initial remarks in a panel on `State at the helm of the economy`, `Les Rencontres Economiques 2020` webinar, 3 July 2020 To what extent should the State or the European Union use monetary and budgetary policies to counter the effects of crises and promote business development? Ladies and Gentlemen, distinguished fellow panellists, It is a great pleasure to participate in this year`s Les Rencontres Economiques d`Aix-en-Provence/Seine to discuss current challenges facing our societies, and the role of the state during and after the crisis. In times of crises, the state and public authorities, both government and the central bank, typically need to step up...