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The Week That Was in Europe

Fiscal Consolidation in Europe: How to Achieve It? With Roel Beetsma (University of Amsterdam)

Oct 18, 2024
36:33

Join us this week as we tackle a pressing issue facing the Euro Area: fiscal consolidation. With debt-to-GDP ratios near historic highs in many economies, reducing deficits is critical—but not without risks to economic growth.

Our special guest, Roel Beetsma, Professor of Macroeconomics at the University of Amsterdam, offers his insights on questions like:

Is there a way to cut deficits without hurting growth?

How does population aging impact public budgets and political pressures?

What new strains are digitalization and the green transition placing on Europe’s fiscal future?

And have we reached a breaking point in Europe’s fiscal stability culture?

Tune in for an in-depth discussion on these challenges and the difficult choices European policymakers are grappling with.

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