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European Union: progress on the new stability pact

2022-09-11T19:43:49.733Z


The Commission will present reform proposals "at the end of October". Correspondent in Brussels To discover OUR FILE - Elizabeth II, a rock and a symbol for England This is one of the big issues of this return to Brussels. And the Twenty-Seven now know what to expect, at least on the timetable: the Commission will present its proposals for reforming the stability pact "at the end of October"  , announced the Vice-President, Valdis Dombrovskis from Prague, where h


Correspondent in Brussels

To discover

  • OUR FILE - Elizabeth II, a rock and a symbol for England

This is one of the big issues of this return to Brussels.

And the Twenty-Seven now know what to expect, at least on the timetable: the Commission will present its proposals for reforming the stability pact

"at the end of October" 

, announced the Vice-President, Valdis Dombrovskis from Prague, where held an informal meeting of EU finance ministers this weekend.

The European executive has managed to reach a consensus on the spirit of the future reform.

It is necessary that

“the public debt decreases effectively, especially where it is high and also during the favorable economic periods”

, specified Valdis Dombrovskis.

And take into account

“the composition and quality of public finances, given the current high investment needs for the dual green and digital transition and for our collective security”,

but also

“reduce complexity and improve compliance”

.

“There seems to be broad convergence on these priorities,” said

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Source: lefigaro

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