Tag: public finances

As pension reform reaches the top of the EU agenda to counter market speculation over the sustainability of public finances, a pool of eight commissioners is set to meet for the first time on Friday (11 June) to give the green light to a comprehensive roadmap centered on "adequacy" and "long-term sustainability".

There is no evidence that collaboration between governments and the private sector can help cut the cost of major infrastructure projects, a leading health policy expert told EurActiv Slovakia. David Price of Edinburgh University said public-private partnerships (PPPs) ultimately cost more and deliver worse outcomes.

The financial crisis requires "exceptional policy responses in order to preserve jobs, livelihoods, financial stability and ultimately political support for open markets," write Jean Pisani-Ferry, André Sapir and Jakob von Weizsäcker of the Bruegel think-tank in a November paper.

Both industrialised and developing countries will face a “major public funding crisis” unless governments stop the race to lower business taxes, according to a report from the International Confederation of Free Trade Unions.

The potential for eurozone members to bail out one of their number in the event of financial distress is very limited, says a report by Standard & Poor's Ratings Services.

The euro fell to an eight-month low after the Dutch referendum vote as the Commission renewed its call on member states to work within the revised stability pact's rules to improve the quality and sustainability of their public finances.