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The Greens, supported by the Left, led an effort to block the deal, saying spending limits would undermine investments in social and green investments (Photo: EUobserver)

MEPs approve 'austerity' spending limits for member states

MEPs who gathered in the European Parliament in Strasbourg on Tuesday (23 April) approved EU-wide debt and spending rules that will limit what national governments can borrow — and did so by a wide margin. 

Co-rapporteur Margarida Marques, who led the file for the centre-left Socialist and Democrats (S&D) political group, described the agreement as an...

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Author Bio

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.

The Greens, supported by the Left, led an effort to block the deal, saying spending limits would undermine investments in social and green investments (Photo: EUobserver)

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Author Bio

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.

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