Is the EU fiscal rules reform going in the right direction?
The Sound of Economics
00:00
What Is the Biggest Improvement in the Economic Governance Framework of the EU?
Jean-Claude Junker: The unobservable nature of the previous rule is now replaced with observable. He says that if countries put forward a credible plan for reforms and investments, then the adjustment pass can be slower. "The whole package also aims to bring the macroeconomic imbalance dimension to the Economic Governance Framework," he adds.
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