Economics

Germany’s Not the Only Country Lagarde Could Target to Boost Spending

President reckons majority of 19 euro members have budget room
She sees need for investment and measures to fight slowdown

Christine Lagarde
Photographer: Alex Kraus/Bloomberg

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By Craig Stirling and Zoe Schneeweiss

November 8, 2019 at 5:00 AM UTC

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By Christine Lagarde’s own definition, the European Central Bank president’s desire for a government spending boost in the euro zone can now focus on a dozen countries.