Ursula von der Leyen wants to make the European Commission that she runs a more political arbiter of the bloc’s fiscal rules
Save time by listening to our audio articles as you multitaskThe idea is simple enough. A group of 19 independent countries needs a few guardrails if they are to share a currency. Previous incarnations proved ineffective, and in part even misguided. There is widespread consensus that the increasingly complicated rules need an update.
The commission’s latest proposal for the new-look fiscal rules builds on this newly gained standing. Brussels would set out a path for net government expenditure that is reasonable and brings down debt levels over time. This part is a simplified version of the previous debt-reduction targets, which have become unrealistic for highly indebted countries. National governments would then send comprehensive plans back to Brussels on how to reach that path.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
European Commission Says Gas Price Cap Is Impossible | OilPrice.comThe European Commission told countries at a Monday seminar this week that there was no way to create a gas price cap as previously requested by EU leaders. Instead, the EC has proposed a “market correction mechanism.”
Læs mere »
Microsoft's Activision Blizzard deal now facing 'in-depth' investigation by EUThe European Commission has announced that, following its initial investigation into Microsoft's proposed $69bn acquisi…
Læs mere »
US election: Maxwell Frost to be first Gen Z member of CongressThe 25-year-old campaigned on gun violence, climate change and expanded healthcare - galvanising young voters.
Læs mere »
PlayStation Plus PC streaming still unavailable in many European countries, fans sayPC streaming via PlayStation Plus is still unavailable in many European countries, fans have told Eurogamer. As well as…
Læs mere »
Royal Opera House bans audience member for heckling child actorA 12-year-old is booed in the middle of his critically acclaimed performance in Handel's Alcina.
Læs mere »
Gang member who used EncroChat to arrange drug deals jailedAdrian Reid Davey, who was involving in dealing cocaine and heroin, is jailed for more than 14 years.
Læs mere »