WOLFGANG MÜNCHAU: A rapid rebound would challenge EU contradictions
While welcome, swift economic recovery would pose awkward questions for monetary and fiscal policy
Brussels — The EU did what it failed to do last time: monetary and fiscal policy have reacted expeditiously.
Unlike in 2012 after the eurozone debt crisis, the bloc is well fortified to survive a deep depression. But is it also prepared for a rapid recovery that helps some people but not others?