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German Fin Min-Commission Debt Rule Proposals Just First Step

EU

Wires carrying comments from German Finance Minister Christian Lindner speaking at a Eurogroup meeting of eurozone finance ministers in Stockholm, followed by a wider informal meeting of EU finance/economy ministers and central bank governors. Lindner: 'Germany is playing a constructive role in reviews of European Commission proposals on debt rules...We need EU rules that bring sustainable debt reduction'.

  • Lindner: 'EU proposals are just a first step...Numerical requirements and safeguards are needed in the proposals.'
  • Lindner: 'A fast agreement would be preferrable, but if this isn't possible, we already have EU fiscal rules'.
  • On 27 April, MNI's Policy Team published an article highlighting the race against time EU officials find themselves in to get consensus on new fiscal rules before the old ones kick back in next year: https://marketnews.com/mni-eu-in-fiscal-reform-rac...
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