EU too soft on fiscal rules, risks from high-debt states- auditors
11 Jul EU too soft on fiscal rules, risks from high-debt states- auditors
Posted at 09:30h
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by KMFSLLP
The European Commission has
applied fiscal rules with excessive flexibility, making them
ineffective in reducing debt in highly indebted states like
Italy, auditors said on Thursday, warning of risks of spillovers
from negative market reactions.
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