Key issues

Europe: economic and political Outlook

A step towards a reform of the fiscal rules in Europe?

• The European Commission has initiated a review of the EU’s fiscal framework, with the aim of proposing changes to the fiscal rules at the end of 2020. • The need to reform the fiscal rules arises in response to a certain discontent over how they have been applied since the financial crisis, as well as to transformations which Europe must address (climate change, population ageing, inequality and the digital era). In February, the European Commission officially launched a review of the EU’s fiscal framework. In addition to the requirement...

Monthly Report - FocusÁlvaro Leandro