A proposal to revive the European Fiscal Framework
Claeys, Grégory ; Darvas, Zsolt ; Leandro, Alvaro
Bruegel - Brussels
2016
20 p.
economic recession ; economic recovery ; EU policy ; fiscal policy ; structural adjustment
Bruegel Policy Contribution
2016/7
Public finance and taxation
English
Bibliogr.
"The current European fiscal framework is inefficient. It should be replaced with a system based on rules more suited to the two core objectives: public debt sustainability and fiscal stabilisation. The rules should be more transparent and easier to implement. These reforms would promote greater compliance."
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