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EU executive proposes massive economic stimulus

By Simon Taylor
26.11.2008 / 15:08 CET
European Commission will seek backing for a €200 billion plan that would act as “targeted, timely and temporary” catalyst for the European economy.

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Picture 1
THE RIGHT PLAN? José Manuel Barroso, the president of the European Commission, pictured in the press conference in which he unveiled a proposal to provide the European economy with a €200 billion stimulus. REUTERS
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