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Rx for Europe's economy: Hungary's Gyurcsany
G8 leaders looking for ways to revive Old Europe's sick
economy could do worse than to consider the stagflation remedy offered up by
Hungarian Prime Minister Ferenc Gyurcsany: tax rate cuts, a modest easing of monetary policy, and spending restraint. As part of a series on building an EU Renaissance, Tocqueville's Gregory Fossedal
issues a timely report here.
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