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2021-02-26

The EU Should Ditch Its Fiscal Rules and Try This

Owing to the coronavirus, the EU’s rules on debts and deficits have been suspended and most member states have vastly overshot their normal limits. 

But at some point next year we’ll have to talk about how fast to apply the rules again. 

Given the extraordinary macroeconomic situation, it’ll be tempting to tweak them — for the umpteenth time.

Andreas Kluth Bloomberg 25 February 2021


https://www.bloomberg.com/opinion/articles/2021-02-25/the-european-union-should-ditch-its-fiscal-rules-and-try-this




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