Europe Needs a New Fiscal Framework

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Written by Jean Pisani-Ferry 29 April 2021

"Even before the COVID-19 pandemic, the European Union's fiscal rules were excessive and increasingly unworkable, reflecting the motives of distrustful member states more than economic common sense. If there is a silver lining to this crisis, it lies in the opportunity to debate and develop a new blueprint." (Pisani-Ferry, 2021)

Publisher: Project Syndicate

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Categories: Multilateralism, Liberal Democracy