About: fiscal consolidation

Economic governance 17-08-2021

The new crusade for fiscal prudence

The frugal alliance stands to gain very little if their campaign for premature fiscal consolidation following the pandemic succeeds, but they risk exposing the entire EU to serious political and economic consequences, writes Anna Peychev.
Competition 20-10-2017

Taxing the digital economy could slow progress on tax harmonisation

The issue of taxing the digital economy could undermine efforts for harmonising fiscal rules in Europe. Unless member states kill two birds with one stone. EURACTIV France reports.
Euro & Finance 31-05-2016

The IMF discovers the downside of neoliberalism

Three IMF economists have signed a letter in which they say that neoliberal policies, in particular the opening of capital markets and austerity, have been “oversold”. EURACTIV’s partner La Tribune reports.
Euro & Finance 24-07-2015

Europe must learn from the Greece negotiations

The European Union will not survive a rerun of the Greek crisis. It must learn some hard lessons in order to emerge stronger, argue Karl Aiginger and Kurt Bayer.

Brussels: EU countries should shift from austerity to reform

The European Commission will further shift the EU's policy focus from austerity to structural reforms to revive growth when it presents economic recommendations for each member state tomorrow (29 May), officials said.
EU Priorities 2020 05-02-2013

Italian ambassador: EU budget has to do ‘better with less’

As EU leaders prepare for long negotiations on the EU budget this week, Italian Ambassador Nelli Feroci says Italy is working towards a "balanced and equitable" deal, where funds earmarked for agriculture and regional cohesion - traditionally the big components of the budget - are geared to maximise growth and jobs, and achieve a sustainable European economic recovery.
Euro & Finance 04-10-2012

Time bomb is ticking for Greek ‘savings package’

With the success of the fiscal adjustment programme in Greece uncertain, and the future of the coalition government in doubt, today’s Greece resembles a barrel of gunpowder ready to explode, writes Anna Visvizi.
Euro & Finance 01-03-2012

Swiss experts: Debt brake worked for us

As EU leaders will rubber stamp the new Treaty on fiscal discipline at a summit this week (1-2 March), Swiss policymakers have tried to reassure Brussels’ counterparts that “rigid” fiscal rules and tight budget discipline will turn out to be good for Europe, as they have worked out for Switzerland.
Euro & Finance 14-09-2011

Emerging economies to help stabilise euro

The BRICS nations of Brazil, Russia, India, China and South Africa are meeting next week in Washington to coordinate a proposal to offer assistance to the European Union in overcoming its fiscal difficulties, according to Brazilian government officials.
Central Europe 10-09-2010

Barroso urges ‘smart’ budget cuts ahead of summit

EU countries have to consolidate their budgets, but must opt for smart cuts that do not inhibit future growth, argued European Commission President José Manuel Barroso in Poland ahead of a summit of EU leaders next week. EURACTIV.pl reports.