For the home buyer, of course, some innovations can increase the total cost of ownership – significantly in some cases – and can thus reduce lifetime savings or spending and investments in other areas of the economy.
Do you believe that the bitter pill of austerity that was imposed on the countries of the euro area in order to tackle the debt crisis was the right solution, the only acceptable response? Austerity was essential, as it was the necessary solution to one of the most serious financial crises that we have ever seen.