Interview on Bloomberg Adria
EU with Sharp Criticism of Fiscal Policy – Discussion on Bloomberg
Link to the interview.
Citation: “Finance Think: EC Report introduces a strongly critical tone on the conduct of fiscal policy and public finances in the previous year”
Citation: „SHARP CRITICISM FROM THE EC ON THE MANAGEMENT OF PUBLIC FINANCES AND STATE AID – Finance Think with a review of the remarks from the report“
📣Read out newest FT #Comment 39, on the economic part of the EC Progress Report
‼️ Critical Points in Economic Reforms Highlighted in the Report:
- Fiscal Risks 💸: Increased and insufficiently monitored overdue and unsettled obligations.
- Fiscal Rules 📜: Non-compliance ahead of the start of their implementation (January 1, 2025).
- Inflation and Policies 📈💼: Misaligned expansive fiscal and contractive monetary measures.
- Public Finance Reforms 🕰️: Slow progress and implementation of public finance management reforms.
- Budget Transparency 👀: Low level below the global average.
- Informal Economy 🌐🛠️: Insufficient progress in tackling unregistered work and partially declared wages.
- State Aid 🤝: Unsatisfactory transparency and efficiency, with weak competencies in the Competition Protection Commission.
More details 🖇 shorturl.at/9Y5HO








