Europe must avoid a return to austerity, insists Judith Kirton-Darling, Acting Joint General Secretary of industriAll Europe. We need flexible fiscal policies to invest in green, digital, and socially just transitions. This is essential for economic growth and job creation.
A German court ruling that forced Berlin to freeze €60 billion in planned green investment spending is unlikely to have much impact on the reform of EU fiscal rules now under review, senior euro zone officials said on Thursday (16 …
European Union Commissioner for Economy Paolo Gentiloni said on Saturday (2 September) he was confident an agreement over re-implementing EU budget rules would be reached by year-end, ruling out an extension of their suspension into 2024.
It is now clear that extreme weather events will have a massive impact on our economies if we don’t transform them. Times have changed and the rules governing the coordination of national economic policies in the EU must adapt, argues Isabelle Brachet.
France’s debt reduction plan must be more ambitious than what’s already been laid out, French Court of Auditors President and former European Commissioner Pierre Moscovici told EURACTIV France in an interview, warning that the country’s public finances were in a particularly poor state.
Interest rate rises set by the European Central Bank (ECB) to curb inflation will take their toll in terms of lower economic growth, Economy Minister Giancarlo Giorgetti said on Monday (19 June).
French economy minister Bruno Le Maire warned that uniformly and automatically applied numerical targets embedded in the current fiscal rules had led to recessions in the past and should not be included in the EU's reform of the rules.
The EU's new fiscal rules should ensure fiscal responsibility without dogmas and allow for enough flexibility to enable investments, argue Stéphane Séjourné, Stéphanie Yon-Courtin, Eva Poptcheva, and Catharina Rinzema of the Renew group.
European Parliament’s Renew Europe group adopted its common position on the review of the Stability and Growth Pact (SGP) on Monday (8 May), in an effort to strike a middle ground between German and French positions.
The European Parliament's Renew group is set to agree a common position on EU debt rules. But negotiations are proving tricky, with French and German delegations at odds on how flexible the rules should be.
The new EU fiscal rules proposed by the Commission will not slam public investment or exacerbate recessions in the immediate future, but they might haunt the eurozone in the long-term, Centre for European Reform's (CER) Sander Tordoir writes for EURACTIV.
A large majority of EU countries and political groups agree the Stability & Growth Pact (SGP) badly needed revamping but the European Commission's latest tweak to the rules met with mixed reception.
The European Commission presented its legislative proposals for a reform of the EU rules for national debts and deficits on Wednesday (26 April), moving closer to the position of Germany but keeping the key concept of country-specific debt reduction plans.
A German non-paper on the reform of European debt rules has been met with strong reactions from economists, who fear that the mistakes of the euro crisis could be repeated if the proposal is implemented strictly.
Economic powerhouse Germany wants EU members to be given binding targets to slash their debts under new spending rules being prepared by Brussels, according to a document seen by AFP on Thursday (6 April).
Dear readers, Welcome to EU Politics Decoded where Benjamin Fox and Eleonora Vasques bring you a round-up of the latest political news in Europe and beyond every Thursday. In this edition, we look at why national politics looks like it will stymie reform of the …
European Economy Commissioner Paolo Gentiloni and German Finance Minister Christian Lindner on Monday (30 January) clashed over EU rules for national public debts and deficits, which the Commission wants to make more flexible, while Lindner insists on "verifiable" rues.
Italian Premier Giorgia Meloni, also ECR Party President, picked Brussels for her first official visit abroad, unlike her predecessors who have generally flown to Washington. According to some, this may appear in tension with her political vision centered on Italy’s national interest, you will find that not to be.
The European Commission presented its proposals to reform the debt and spending rules for national governments on Wednesday (9 November) as individual plans for every EU country, negotiated between national governments and the Commission.
With the European Commission expected to put forward its ideas for the reform of the much-criticised fiscal rules for EU member states on Wednesday (9 November), EURACTIV takes a look at the current rules and explains why they are criticised.
As the EU's fiscal rules are being reformed, investment in green, digital and social public goods should be excluded from the debt calculations, argues André Sobczak.
The ongoing reform of EU fiscal rules could give governments more leeway in plans that combine debt cuts with investment and reforms, in exchange for greater accountability, the EU's Economic Commissioner Paolo Gentiloni said on Monday (10 October).
Reacting to the economic consequences of the Russian invasion of Ukraine, the European Commission postponed the renewed enforcement of its fiscal rules by a year, to 2024.
Rules against overspending by EU governments will remain suspended through 2023, extending a pandemic-era reprieve because of the war in Ukraine, sources said on Thursday (19 May).
