22-February-2024
Economy News
 
EU Reaches Tentative Agreement On Fiscal Rules To Rein In Debt
12-Feb-2024

The European Union hashed out a preliminary agreement on fiscal reform that will aim to reduce debt and protect investment in key areas such as defense and the green transition. The political deal will introduce a gradual fiscal adjustment path for nations whose government debt exceeds 60% of gross domestic product or whose deficit is above 3% of GDP. The agreement struck in Brussels late Friday

News Source:- https://www.ndtvprofit.com/bloomberg/eu-reaches-tentative-agreement-on-fiscal-rules-to-rein-in-debt