MNI INTERVIEW: EU Escape Clause Defence Boost Lower Than Hoped

article image
Apr-30 15:06By: David Thomas
Fiscal Policy+ 1

You are missing out on very valuable content.

The take-up of the EU's proposed national escape clause from the bloc's fiscal rules to allow increased defence spending is likely to be "much less" than the EUR650 billion fiscal space initially estimated by the European Commission, fiscal expert Zs...