A coalition of Northern European states led by the Netherlands (with Denmark, Finland, Ireland, Latvia, Lithuania and Sweden) recalled, on Tuesday 30 April in a policy paper, its positions on the establishment of a fiscal capacity for the euro area to support convergence and competitiveness.
This document echoes the ongoing discussions in the Eurogroup (in inclusive format) on the creation of such an instrument. While last December the Heads of State or Government gave the Finance...