The EU Commission's proposed new debt rules give capitals more power over their own spending, but still envisage tough fines for profligates.
That was the gist of ideas for a more flexible approach to debt put forward on Wednesday (26 April).
The changes would give member states more "ownership" of the regime, which should lead to "greater compliance," commission vice president Valdis Dombrovkis said in Brussels.
"It is under [member state] control, so there are no excuses ...
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Already a member? Login hereWester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.
Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.