EU fiscal board insists on stabilization mechanism

By |junij 26th, 2019|European Fiscal Board, European Investment and Stabilisation Function, Eurozone, eurozone budget, News, stabilisation mechanism|

Any systemic shock will not affect just some countries but the whole euro area so if member states want to counter it adequately, they need to have a central fiscal capacity, European Fiscal Board (EFB) president Niels Thygesen told reporters on Tuesday (25 June).