EU Finance Ministers discussed a possible update of the budgetary rules, in particular those of the Stability and Growth Pact, at the informal meeting in Helsinki on Saturday 14 September, but it is unlikely that a substantial revision of these rules will be on the agenda in the coming months.
“Many colleagues have said that our current fiscal rules are actually working reasonably well, but not perfectly”, said Valdis Dombrovskis, Commissioner for the Euro and Social Dialogue, at the...