Merz supports easing EU fiscal rules to boost defense spending

  • Posted on May 7, 2025
  • By Le Monde
  • 1 Views
Merz supports easing EU fiscal rules to boost defense spending

EU members are bound by spending rules obliging them to keep the public deficit below 3% of economic output and debt at 60% of GDP. But the EU can suspend the rules in exceptional circumstances and crises, as it did during the coronavirus pandemic when states had to prop up their embattled economies.
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Le Monde

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