untitled design

Tag: fiscal pact

The escape clause for Greece with a financial ‘cutter’

The escape clause for Greece with a financial ‘cutter’ The escape clause for Greece with a financial ‘cutter’

By Tasos Dasopoulos Competent sources of the Ministry of Foreign Affairs characterize the expected extension of the total escape clause for 2023 as more than a good development, since Greece – and other countries with high debt – will have to follow a tight fiscal policy even for support measures against accuracy. This signal was […]

Commission’s message on tight fiscal policy

Commission’s message on tight fiscal policy The escape clause for Greece with a financial ‘cutter’

By Tasos Dasopoulos Competent sources of the Ministry of Foreign Affairs characterize the expected extension of the total escape clause for 2023 as more than a good development, since Greece – and other countries with high debt – will have to follow a tight fiscal policy even for support measures against accuracy. This signal was […]

Spain wants EU member states to set their own budgetary targets

Spain wants EU member states to set their own budgetary targets Spain wants EU member states to set their own budgetary targets

Spanish Economy Minister Nadia Calvino on Monday suggested that each member state of the European Union set its own fiscal targets in the future instead of being subject to the targets imposed by the bloc’s fiscal rules. “In the future, member states must have the first say in setting their own fiscal targets,” Calvino told […]

The Ministry of Education and Science enters into a mode of ‘fiscal contraction’

The Ministry of Education and Science enters into a mode of ‘fiscal contraction’ The Ministry of Education and Science enters into a mode of ‘fiscal contraction’

By Tasos Dasopoulos Additional spending only for the “essentials” is the rule that seems to be adopted by the Ministry of Finance, wanting 2022 to be a year of fiscal stabilization, so that in 2023 the economy will have a “smooth landing” in the restoration of fiscal rules. Following the data published by ELSTAT for […]