BNP Paribas on the Next Eurogroup President

The video discusses the challenges of handling future economic recessions, focusing on the role of fiscal policy in the eurozone. It highlights the current economic situation, including the ECB's balance sheet and budget deficits, and poses questions about how to react to future recessions. The discussion emphasizes the importance of agreeing on fiscal policy strategies at the eurozone level.

What challenges do budget deficits present in the context of economic policy?

In what ways can fiscal policy be handled at the eurozone level during a recession?