Lithuanian Finance Minister Urges Use of Fiscal Stimulus Where Possible

The transcript discusses the implications of Mario Draghi's monetary policy package, the challenges posed by negative interest rates on European banks, and the need for fiscal stimulus in Europe. It highlights the differences in fiscal space among EU countries and the focus on structural reforms. Additionally, it addresses concerns about Facebook's Libra and its potential impact on financial stability and competition with central banks.

Why is there a difference in fiscal space among countries in the European Union?

What are the main obstacles to increased spending in Germany as discussed in the text?

How does the text characterize the challenges posed by Libra to the European financial system?