About: fiscal rules
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To defeat Putin, we must shield Europeans from the shockwaves of the war
The Russian war against Ukraine will inevitably result in a severe economic shock of uncertain magnitude in the European Union. Rapid increases in food and energy prices are affecting the most vulnerable Europeans, aggravating energy poverty and worsening living conditions.
Europe must reform its fiscal rules or risk disintegration
Thirty years after the Maastricht Treaty was signed, the fiscal rules it imposed on EU member states are an outdated and counterproductive constraint, writes Benoît Lallemand.