Brussels, 02/03/2016 (Agence Europe) - On Tuesday 8 March, the Ecofin Council is expected to advise the member states to take advantage of the current low interest rate environment to reduce the level of public debt, as a priority.
According to draft conclusions on the 2016 report of the European Commission on public finance viability (see EUROPE 11477), the European Finance Ministers stressed that “windfalls from the low interest rate environment should primarily be used to reduce debt...