The writer is Germany’s minister of finance
Sound public finances are a prerequisite for enabling economic growth in the EU. We need to ensure that we have fiscal buffers for potential future crises. This is particularly true after the past few years, in which all member states have made financial efforts to cope first with the pandemic and then with the consequences of the Russian war of aggression on Ukraine.
Europe’s Stability and Growth Pact has not sufficiently fulfilled the…
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