TARGET2-Securities Annual Report 2023
It takes a chronological approach by first discussing the Commission’s legislative proposals of April 2023 against the pre-reform set of fiscal rules, before assessing the final political agreement which has materialised in the revised set of rules.
- It takes a chronological approach by first discussing the Commission’s legislative proposals of April 2023 against the pre-reform set of fiscal rules, before assessing the final political agreement which has materialised in the revised set of rules.
- This paper argues that completing the architecture of Economic and Monetary Union (EMU) is an important missing element and should remain a policy priority.