‘Austerity will return’
After a process of almost 4 years, the negotiations on the reform of the EU’s fiscal rules have entered the very last phase: Trilogues ahead! Time is pressing, so let’s have a look at what is still open to change.
economic governance review
European Parliament stifles Green revolt against new EU debt rules
With an overwhelming majority, the European Parliament adopted its negotiating position for the EU rules on national debts and deficits, despite Green fears that it could lead to renewed austerity and destabilise the European Union.
What we know about the new fiscal rules
EU finance ministers are optimistic that they have come closer to an agreement on fiscal rules. So what do we know about what they will look like, and what remains open for discussion?
France spins its Ukraine aid
SNEAK PEEK — The numbers show that France is a laggard when it comes to arming Ukraine, but a parliament report argues that it’s doing better than suggested. — Airbus is complaining that the German government is blocking Eurofighter sales to Saudi Arabia. — Germany spells out the details of its future troop deployment to […]
Divided EU finance ministers to discuss fiscal rules as deadline nears
As EU finance ministers prepare to discuss once again the reform of the EU’s rules for national debts and deficits, the positions of hawkish countries and those calling for more flexibility remain wide apart, with little sign that a compromise is withi…
Defence spending could get special status in new EU deficit rules
Defence spending could be granted special status in the EU fiscal rules under the new economic governance review (EGR) in a bid to encourage member state investment in this area, according to a draft compromise seen by Euractiv.
The social dimension of the EU’s economic governance review
The EU needs to take the opportunity to strengthen the social dimension of its economic governance regime, argue Estrella Durá Ferrandis and Alba Huertas Ruiz.
Study: New EU debt rules require massive fiscal adjustments for France
A study by the European economics thinktank Bruegel replicating the methodology of the EU Commission’s proposal to reform the EU’s debt and deficit rules found that the newly proposed rules would impose severe restrictions to public budgets for some co…