Free Trial

MNI BRIEF: Fiscal Rules Proposal Seen This Week-EU Dombrovskis

(MNI) Brussels
(MNI) Brussels

The European Commission will present its proposal for fiscal rules reform later this week, Commission Vice President Valdis Dombrovskis said Monday. Speaking at a think tank event in Brussels, the commissioner said, “I hope we have now reached a balanced solution which we will present in a few days’ time.”

It remains to be seen if the EU proposal will be supported by EU finance ministers, particularly German Finance Minister Christian Lindner, who is known to have significant objections to the Commission’s current stance on this issue.

EU finance ministry officials are due to start that difficult discussion in early May.

MNI Brussels Bureau | david.thomas.ext@marketnews.com
True
MNI Brussels Bureau | david.thomas.ext@marketnews.com
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.