Malinvaud's influence on the subsequent generation of European economists has been profound.

Japanese and European economists have long since moved from classical armchair economics to the real world.

Indeed, many European economists believe that the gospel of fiscal austerity is losing force.

But some European economists and officials said yesterday that the proposed reductions would not be adequate to reassure the troubled markets.

Eastern European economists declare that cooperation at the company level must follow if the political accords are to bear fruit.

Many European economists are not convinced a rate cut is even necessary.

Diehard romantics say you can't put a price on love, but a pair of European economists disagrees.

But many European economists, including a growing number of Germans, now say that the standard is too tough.

At its very mention, East European economists today tend simply to roll their eyes.

Continental European economists made important advances in the 1930s.