On Thursday, 15 June, 11 finance ministers led by Christian Lindner of Germany stressed the importance of [enacting] a reform of the European economic governance framework that would enable public debt—which has built up in recent years in the euro area so as to cope with the Covid-19 pandemic and the energy crisis—to be effectively reduced.
“The point is: We cannot allow debt levels to rise indefinitely from crisis to crisis. This would permanently overload public finances, which...