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The European Commission Will Keep Deficit And Debt Limits Suspended In 2023

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The European Commission will propose to keep the rules that limit debt and deficit suspended. The governing body is said to do so in 2023, one more year than initially planned. The move is due to the economic impact of the Russian war in Ukraine. The European Commission’s MoveQ1 2022 hedge fund letters, conferences and more Still, the suspension during a new exercise of the fiscal rules will have to be ratified by the governments of the block. This process is not expected to be “very difficult”, according to European sources. “Although political pronouncements on the issue have at times seemed…

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