Reshaping the European fiscal framework – joint letter

Types: Letter, Position
Published: 17 February 2021
Size: 585.79 KB

“As academics, civil society, trade union leaders, and citizens, we are deeply concerned that the current fiscal framework prioritises debt reduction and balanced budgets over much more important human, economic and environmental outcomes… We desperately need a complete overhaul of the current approach to fiscal policy to reshape our economies and tackle the unprecedented challenges facing the EU head on.”

This joint letter urges the EU to reform its fiscal rules in such a way as to promote wellbeing, reduce inequalities and meet ecological commitments.