On Wednesday 21 November, at the start of the 2019 financial year of the 'European Semester' budget process, the European Commission stressed the need for Member States to strengthen 'inclusive' and sustainable growth through targeted investments and further consolidation of public finances.
"The economic and fiscal situation has not been this favourable since 2014. Paradoxically, risks remain high in Europe and globally." It is with this cautious optimism that Pierre Moscovici,...