Countries with a stronger fiscal position (that is, smaller structural deficits) should be encouraged to adopt more expansionary policies in order to contribute to lifting overall demand. Moreover, the European Investment Bank’s lending capacity could be increased substantially, and European Union structural funds mobilized, to finance investment projects in the peripheral economies.
其次，紧缩的效果因为追求名义而非结构性财政赤字目标而被放大了。应该鼓励财政情况较好（即结构性赤字较低）的国家采取更具扩张性的政策，以提振总需求水平。此外，欧洲投资银行的贷款能力也可以大大提高，欧盟结构性基金应该被动员起来，为外围国的投资项目提供资金。