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February 2020

More Coherent, Transparent, and Less Complex Fiscal Framework

“Looking back, the EU experience following the last financial crisis shows that the fiscal framework rules worked for some EU countries, but not for all member states. Therefore, we need to ask ourselves whether changes are indeed necessary or whether supplementary measures are what is required. We need to make the fiscal framework more coherent, transparent and less complex.” This was stated by the Minister for Finance and Financial Services Edward ... [+]