The Commission's Communication on the Minimum Requirement for Fiscal Adjustment

It's not clear, right? So we have done an event with Martin Favey, the Director General for Economics and Finance of the European Commission. He said something conceptually to the effect of what I've just stated, but then asked him, well, what's the probability that you're targeting? And he said, we're still thinking about that, okay? Another aspect that could lead one to this conclusion is that they are talking about the minimal requirement being a 3% deficit after 4 to 7 years. But since they haven't said much about what plausibly declining means, that gives them a huge amount of discretion,. "I think they're sort of talking the talk on increasing