Debt and deficits soar and, with them, European budgetary rules.
The reform of the Stability and Growth Pact criteria, which was due to begin last year, has been swept away by the economic storm of the coronavirus.
Postponed until the spring of this year, discussions on their revision may again get out of hand.
In the meantime, the famous Maastricht criteria have been suspended in 2020 and 2021 and may still be next year.
Read also:
3% deficit rule: why Emmanuel Macron changed his mind
In addition to a high degree of economic uncertainty, the electoral calendar intervenes.
Nothing is expected to take place before the German elections in September.
An electoral period conducive to debates on internal dogmas on the matter in Germany.
A close friend of Angela Merkel threw a stone in the pond by questioning the iron law of the "
debt brake
".
What the CDU candidate to succeed Chancellor Armin Laschet retorted on Friday that
"the rules are good".
The pragmatic suspension during the crisis of
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