Wednesday, June 13, 2012
Roubini : Merkel should Issue a €1,000 Travel Voucher for every German
Economist Nouriel Roubini advises the German Chancellor Angela Merkel to provide her people with motives to visit Greece, thus boosting its economy. In particular he suggests that every German household be granted a €1,000 travel voucher so that it can plan its holidays in countries facing economic dire straits, such as Greece, Spain and Portugal. He also suggested Germany should introduce tax breaks for people who buy vacation homes in Southern Europe.