Brussels urges debt reduction despite fiscal suspension

by time news

The President of the European Commission, Ursula von der Leyen. / AFP

The EU will extend the escape clause, but warns eleven countries, including Spain, that they must stabilize their public accounts

Olatz Hernandez

The extension of the escape clause next year will not mean, in practice, an open bar for the States with the most debt and deficit in the European Union (EU). At the beginning of May, Brussels urged the most indebted community partners to clean up their public accounts as soon as possible and is following with particular concern the situation of o

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