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Europe at a Crossroads

Exchanges

00:00

Is the Bending of Fiscal Rules a Moral Hazard in the Eu?

I ask jame for his thoughts on whether the bending of fiscal rules and increased fiscal rish sharing across the european union go against the euse treaty framework. The world has changed since the mastery treaty was put together, he says. And then secondly, i think it means that running public debt is much cheap than it used to be.

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