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MNI BRIEF: European Fiscal Board Calls For Debt Sustainability

(MNI) London

European Fiscal Board Chair Niels Thygesen called on EU fiscal authorities to show more signs that they are taking debt sustainability more seriously in order to help the European Central Bank in its anti-inflation objective.

Noting at a press briefing that the ECB called on the fiscal authorities to help when inflation was low, Thygesen added that now inflation is high, “They are also hinting that more support for the anti-inflation objective would be helpful.”

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European Fiscal Board Chair Niels Thygesen called on EU fiscal authorities to show more signs that they are taking debt sustainability more seriously in order to help the European Central Bank in its anti-inflation objective.

Noting at a press briefing that the ECB called on the fiscal authorities to help when inflation was low, Thygesen added that now inflation is high, “They are also hinting that more support for the anti-inflation objective would be helpful.”

Keep reading...Show less