European Central Bank chief economist Lien said: Governments' plans must not only focus on the short term. While countries need to set a 2027 budget, when considering the challenges of the next five to ten years, they must focus on long-term interest rate levels while focusing on economic growth potential. The government must remain realistic and take into account the level of interest rates it will face in the next few years. This further highlights the importance of boosting economic growth.

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