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9th Jan 2024 21:15EurozoneDaily Monitor

  • New budget rules in the EU will put France, Italy and Spain on the spot, but will they be enforced?
  • The Commission’s fiscal proposals leave plenty of room for exceptions and long adjustment paths.
  • Retaining the 60% debt-to-GDP threshold exposes many countries to prolonged adjustment plans.

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Keywords for: 11 January 2024

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence