By Dominique Berns (Le Soir)
European fiscal rules have been suspended to allow massive state intervention in the face of the pandemic - to cushion the impact of shutting down part of economic activity last year.
But the Stability Pact will apply again in 2023, probably in a revised form.
Apparently, there would be a relative consensus: the fiscal rules must be reformed and simplified, as much to correct certain shortcomings as to take into account the sharp increase in public debt, relative to GDP, and to face the challenge of economic growth. ecological transition.
Read alsoEurope is preparing its 2021-2027 budget
However, the tune doesn't make the song.
In reality, there are (at least) two camps.
For some, it is a question of simplifying the rules and of formalizing, or even increasing (a little) the “
flexibility
” shown by the European Commission after the reforms of 2011 and 2013. The other camp considers on the contrary that the current fiscal rules are flawed
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