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    HomeNewsOpinionWill Europe recede into macroeconomic instability with its proposed new fiscal rule?

    Will Europe recede into macroeconomic instability with its proposed new fiscal rule?

    Given the disparate levels of debt and deficits across member states, the key question is whether it is fair to impose a universal austerity rule for all of EU

    Sashi Sivramkrishna
    April 24, 2023 / 08:40 IST
    Given the positive acceleration of GDP growth rates in 2022 it was considered time to reopen the discussion on fiscal rules.
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