Is the EU fiscal rules reform going in the right direction?
Nov 22, 2022, 03:10 PM
Reviewing the European Commission’s proposal for reforming the Stability and Growth Pact.
On 9 November, the European Commission presented its long-awaited proposal for a reformed EU economic governance framework. The proposal intends to focus on medium-term risks to debt sustainability and to allow flexibility to boost growth and investments and move away from yearly micro-management of unobservable public finance variables. Maria Demertzis invites Jeromin Zettelmeyer, Grégory Claeys and Zsolt Darvas to share their views on the reform proposal.