After the EU election, Spain and Portugal are moving for a stimulus or a tax cut, exhausted by the fiscal austerity and the low inflation imposed by the EU. Reuters reported.
Spain is the fastest to move, expected to approve a stimulus plan of 6.3 billion euros and a corporate tax cut from 30% to 25%. The investors who shifted their money to Southern Europe might be rewarded. Including the results of the election, we summarise the political affairs of the European countries after the election. Continue reading Will EU fall apart?: The affairs after the EU election