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Senate technicians, impossible to reduce debt to 60% of GDP

2022-08-20T11:18:29.223Z


The 'Maastricht parameter is arbitrary, it tightens fiscal policy' (ANSA)     There are various ways "to overcome the current rigidity of the rules imposed by the Stability and Growth Pact". One of these is "the elimination of the objective of 60% debt / GDP, which is arbitrary and introduces an undesirable tightening of fiscal policy": the technicians of the Senate Budget Service write it, in the latest dossier drawn up concerning the reform of the EU rules. According


    There are various ways "to overcome the current rigidity of the rules imposed by the Stability and Growth Pact".

One of these is "the elimination of the objective of 60% debt / GDP, which is arbitrary and introduces an undesirable tightening of fiscal policy": the technicians of the Senate Budget Service write it, in the latest dossier drawn up concerning the reform of the EU rules.

According to experts "it is almost impossible to reduce the debt to 60% of GDP in the coming decades, for the euro zone and for many of its member states".



Source: ansa

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