(ANSA) - BRUSSELS, MARCH 14 - "Our tax policies must remain agile and flexible and we are ready to adapt our political position to changing circumstances, if necessary".
The euro area finance ministers write this in the Eurogroup statement on budgetary guidelines for 2023, underlining that "the fundamentals of the euro area economy are solid", however with the war in Ukraine "uncertainty has increased significantly".
For "Member States with high public debt, we agree on the desirability of starting a gradual fiscal adjustment to reduce it, if conditions allow", writes the Eurogroup.
"This adjustment should be part of a credible medium-term strategy that continues to promote the investment and reform needed for the double transition and improve the composition of public finances," he adds.
(HANDLE).