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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.
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25 Apr 23
Stricter rules and stronger enforcement of the European Union fiscal framework would protect the bloc’s economy better than if those rules were loosened, according to Germany’s finance minister.
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14 Feb 23
The European Union should avoid a further suspension to the bloc’s fiscal rules at the end of this year, a senior official has said.
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10 Nov 22
New European Union fiscal rules should get rid of the current system’s complexity and allow governments more “ownership” of their spending plans, Brussels has said, also promising stronger...
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12 Sep 22
European Union member countries will need to “assume ownership” of their compliance with the bloc’s fiscal rules under a new system with stronger enforcement from Brussels, the Czech finance minister...
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6 Sep 22
The European Union must adopt “risk-based” fiscal rules and instruct member nations to strengthen financial institutions to reduce fiscal risks, economists at the International Monetary Fund have...
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12 Nov 21
The European Union has been told it should come up with “genuine reform” for its fiscal rules ahead of their reintroduction in 2023 following the Covid-19 economic crisis.
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29 Oct 21
The European Union should relax its debt expectations for member states to allow them to support the economic recovery from Covid-19, economists from the bloc’s bailout fund have said.