The European Fiscal Board published a report for the European Commission on Tuesday 25 June in which it recommended that the fiscal stance of the euro area in 2020 should be neutral, but differentiated across Member States.
This recommendation of this board, which advises the Commission on budgetary matters, is intended in particular to provide guidance for the presentation of national draft budgets for next year.
Noting the likely slowdown in growth for the year 2019, the advisory body...