The Council moved a step closer to implementing the EU’s new fiscal rules by adopting today recommendations approving the first national medium-term fiscal-structural plans and setting out net expenditure paths for 21 Member States. The national medium-term fiscal-structural plans are a cornerstone of the new economic governance framework. They set out Member States’ fiscal paths, […]
Commission proposes new economic governance rules fit for the future
The Commission has presented legislative proposals to implement the most comprehensive reform of the EU’s economic governance rules since the aftermath of the economic and financial crisis. The central objective of these proposals is to strengthen public debt sustainability and promote sustainable and inclusive growth in all Member States through reforms and investment. The proposals address shortcomings in the […]
ECB to stop buying debt in March
On February 3, the Governing Council confirmed the decisions taken at its monetary policy meeting last December, among which it will maintain interest rates and stop buying public debt by the end of March of this year. In the first quarter of 2022, the Governing Council is making net asset purchases under the PEPP at […]