Published 16 days ago

New EU spending rules bring back debt discipline focus

Summary by VOA News

Brussels, Belgium — With an energy crisis and record high inflation in the EU's rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances. New spending rules will be voted on in the European Parliament on Tuesday. Once in place, each member state will be required to get national spending under control, but with built-in flexibility for investment. The old rules were suspended between 2020 and 20…

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New EU spending rules bring back debt discipline focus

16 days ago·United States

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New EU spending rules bring back debt discipline focus

BRUSSELS, Belgium — With an energy crisis and record high inflation in the EU’s rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances. New spending rules will be voted on in the European Parliament on Tuesday. Once in place, each member state will be required to

16 days ago·Manila, Philippines

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