Germany and France, the largest economies of the European Union, continue to be at odds over the reform of the bloc’s fiscal rules. Berlin is rallying allies to push for … Read More
A report by the New Economics Foundation looks into the challenge of reconciling the European Green Deal with the bloc’s fiscal rules. Only nine out of the 27 member states … Read More
The debate on how to adapt the European Union’s long-standing fiscal rules to the economic reality that has emerged from successive crises entered a new chapter on Wednesday, as the … Read More
The ongoing reform of the European Union’s fiscal rules has taken a new turn after Germany and the Netherlands came forward with demands for minimum debt reduction targets, directly challenging … Read More
With the European economy still figuring out how to grow amid Russia’s war in Ukraine, a fragile energy market and stubbornly high inflation, the European Commission has decided to delay … Read More
The European Union appears ready to ditch austerity as it takes the first formal steps to reform the long-standing fiscal rules that rein in excessive government spending. The legally-binding rules, … Read More
The European Union must undergo major reforms now to be ready to cope with having 30-36 members in the future, Germany’s chancellor Olaf Scholz said on Monday. He added the bloc … Read More
The EU’s fiscal rules will remain suspended until the end of 2023 to help countries cushion the economic fallout from the Ukraine war. The European Commission made the widely-expected announcement … Read More
