Tax & Spend
Most Euro Nations Have Little Chance of Meeting Fiscal Rules
- Hard to overstate how far policies are from complying, BE says
- Long-term borrowing trajectories show France falling short
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Euro-area countries will struggle to meet the European Union’s revised fiscal framework, according to research from Bloomberg Economics.
“It’s hard to overstate how far current government policies are from complying with the EU’s new rules,” BE’s Ana Andrade and Bhargavi Sakthivel wrote in a note published Friday.