In graphics – The European Union at the door of austerity?

Le Temps

In graphics – The European Union at the door of austerity?

Deemed outdated and too difficult to maintain, the EU’s framework for good budgetary governance has been revised after intense discussions. Since its inception, many Member States have opposed it, illustrated in graphsThe negotiations have been long overdue, but the reform of the EU’s budgetary rules is now under way. In February, the negotiators of the Euro MPs and the Member States reached an agreement after two years of discussions. On Tuesda…