Top Tweets for #EUFiscalRules
The EU's 3% deficit rule has no economic foundation. It was negotiated, not discovered. Real limits on government spending come from inflation and real resources, not an arbitrary number in a treaty. #EUFiscalRules
The EU fiscal rules cap deficits and debt ratios. That's a political constraint, not an economic one. No physics law says a government must balance its books. The rules exist because powerful interests wrote them that way. #EUFiscalRules
#EUFiscalRules are clear: discipline in good times, flexibility in emergencies.
The #US disengagement & urgent support for #Ukraine justify applying the escape clause for #defence investments. However, this does not mean weakening fiscal rules—on the contrary, we need fiscal discipline in good times to ensure #Europe can react effectively in times of crisis.
#EUelections, #AI, #USelection, #FarRight, #EUdefence, #InternationalTrade, #China, #EUFiscalRules and #LabourShortages are among the topics that captured our readers' attention this year.
Here are some of our most popular articles of 2024:
Today, several #EMPN members have published an excellent analysis on how joint fiscal consolidation in Europe negatively impacts growth and public debt. The piece covers the new #EUfiscalRules, @ecfin's DSA, fiscal multipliers, and intra-EU spillover effects.
Reformed EU fiscal rules are set to underestimate negative growth effects of fiscal consolidation; hence, public debt ratios may turn out higher than expected. In a new paper, we assess the European Commission’s DSA assumptions and provide plausible alternative simulations. 🧵
Day 2 training on 'Combatting the Far Right' with @ETUI_org , @S_O_Nuallain talking on #Austerity 2.0 and the lunacy of reintroducing #EUFiscalRules in the face of a resurgent far right
#BreaktheRules
#NoToAusterity
The European Union could soon have less stringent fiscal rules in place, which may significantly help member countries that are dealing with rising debt levels.
@SehgalRahesha tells you more
Watch more on https://t.co/AXC5qRugeb
#EUFiscalRules
DEAR RAPPORTEURS, our and future generations' wellbeing is at stake.
Don't give up! Austerity is economically absurd and risks an effective green transition.
@mmargmarques
@ph_lamberts
@Esther_de_Lange
@joseggusmao
@BillyKelleherEU
#EUfiscalrules #FundOurFuture
Dear Rapporteurs @mmargmarques, @ph_lamberts, @Esther_de_Lange, @joseggusmao, @BillyKelleherEU Don't give up!
Austerity is economically unsound and politically unwise.
Fund our future, don't cut our future
#EUfiscalrules
Dear Rapporteurs @mmargmarques, @ph_lamberts, @Esther_de_Lange, @joseggusmao, @BillyKelleherEU Don't give up!
Austerity is economically unsound and politically unwise.
Fund our future, don't cut our future
#EUfiscalrules
🔴If we don't see significant improvements, the new #EUFiscalRules could mean strict limits on public spending and a return to austerity for many EU countries.
👉 Our reaction & analysis on current positions and the crucial changes we need in trilogues:
https://t.co/b6if7dyXah
Solidarity with workers across Europe!
Public money must be used to make the green transition fair and smooth, instead of benefiting fossil fuel companies and billionaires
@vonderleyen @PaoloGentiloni @VDombrovskis @VSinkevicius
#FundOurFuture #EUFiscal #EUFiscalRules
Thousands of workers will be demonstrating in Brussels tomorrow.
The message to governments is clear:
⛔️ Reject the return to austerity.
🫶 investment to achieve social & environment objectives.
👊work with trade unions to deliver a #FairDeal4Workers.
Our 📨 to governments 👇
Imprescindibles unas reglas del juego que pongan a las personas y al planeta por delante de los beneficios económicos. ¡No nos hagamos más daño! @NadiaCalvino
#EUFiscalRules #FundOurFuture @greenpeace_esp
We need new #EUFiscalRules that work for people and the planet.
EU finance ministers must make sure that public money protects nature and halts climate breakdown, instead of benefitting the richest in our societies.
No to fiscal rules that sabotage our future. #FundOurFuture
We need new #EUFiscalRules that work for people and the planet.
EU finance ministers must make sure that public money protects nature and halts climate breakdown, instead of benefitting the richest in our societies.
No to fiscal rules that sabotage our future. #FundOurFuture
"Europe’s only hope is that finance ministers stop listening to the prophets of fake scarcity and allow more flexibility for investments", writes @JanosAllAmm in today's Economy Brief.
More here: https://t.co/GAhTESehCd
Today, the Fiscal Matters coalition voices its perspective in an op-ed featured in @lemondefr. We're highlighting the crucial need to safeguard #investments that align with EU priorities from the limitations imposed by the #EUfiscalRules.
https://t.co/IVhdjy6DRG
As part of the current debate on the reform of the #EUfiscalRules, see this interesting study showing that a significant share of the German population is in favor of excluding future-oriented investments from the German fiscal rule, the #DebtBrake 👇
@ZDFheute berichtet über unsere neue @d_part & @fiscalfuture_de Studie. Darin zeigen wir, warum es sich Politiker:innen zu einfach machen, wenn sie glauben, dass die Einhaltung der Schuldenbremse alle Grundwünsche der Bevölkerung widerspiegelt. 1/1
A majority of Germans in favor of relaxing the debt brake for #investments in the future. This also needs to apply for #EUfiscalrules. Germany cannot demand stringent rules for everyone else while relaxing its own non-sense rules.
‼️ @ZDFheute meldet: Eine Mehrheit ist für Lockerungen der Schuldenbremse für #Zukunftsinvestitionen, ganz im Sinne kommender Generationen!
Unsere gemeinsame Studie mit @d_part zeigt: Mehrheit findet Schulden für Investitionen ok!
https://t.co/sUknhN9Ok9
https://t.co/1IbJHBWYS6
Are strict fiscal rules on national budgets compatible with the achievement of EU climate targets? #EUfiscalRules #EUEconomicGovernance #Schuldenbremse
On 28 Nov, EU finance ministers will meet to discuss the reform of the #EUFiscalRules, but they are now pushing through an ill-considered agreement.
Read the joint statement on EU economic governance review by a progressive coalition of NGOs & thinktanks
https://t.co/bNqxaYvg1o
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