In Euro Area the fiscal response to 2020 – measured in terms of borrowing rather than guarantees etc – was

In Euro Area the fiscal response to 2020 – measured in terms of borrowing rather than guarantees etc – was in fact not much larger than in 2008! Surprising this from @OECD Does it seem right?
oecd.org/daf/fin/public… https://t.co/8UOlj60zKO

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