Lessons from the COVID-19 crisis for Euro Area fiscal rules
Intereconomics. Review of European Economic Policy
2020
55
5
September
281-284
epidemic disease ; fiscal policy ; EU policy ; euro
Public finance and taxation
https://doi.org/10.1007/s10272-020-0916-y
English
Bibliogr.
"The main thrust of the existing rules, although they were not really enforced, did go in the right direction, namely they were intended to reduce defi cits and debts. The countries that stick to these principles went into the coronavirus crisis with lower debt and more fiscal space. Germany's fixation with the schwarze Null, or black zero, must now appear in a different light. ..."
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