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| EU Fiscal Rules Should Offer Realistic Debt Reduction |
| Brussels, 07.12.2021 |
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| The European Union should change its fiscal rules to make them more supportive of growth and investment in fighting climate change and digitalisation as well as to make the rules on debt reduction more realistic, the European Central Bank said.
In a written contribution to a debate on the upcoming reform of EU fiscal rules, called the Stability and Growth Pact (SGP), the ECB said the rules should be simplified, more transparent and predictable.
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