The EU's debt rules have been suspended for two years, and in the opinion of many critics in Germany, the criteria have not been effective for a long time anyway. So what could better rules look like? The EU Commission made a proposal on this at the beginning of November, as did the German Council of Economic Experts.
Is the solution that in future the Länder agree on an individual multi-year debt reduction plan with the Commission? What would be the point of giving much more explicit preference to public investments in the future and exempting them from the debt criteria, as the German experts propose?
We discuss this in our next New Economy Short-Cut with the new director of the Brussels think tank Bruegel Jeromin Zettelmeyer and Achim Truger, who wrote the chapter on EU fiscal rules for the Council.
Short-Cut on the Reform of EU Fiscal Rules
on 2 December 2022 at 4 p.m. (CET)
Online via Zoom
The event will take place in English.