On Tuesday 19 October, the European Commission gave a second boost to the reflection on the reform of the European economic governance framework with the Stability and Growth Pact at its heart (see EUROPE B12814A18). This reflection will take into account two overriding factors, which have become even more salient in the light of the Covid-19 pandemic, namely very high levels of public debt and the need to invest massively in the climate and digital transitions.
The communication adopted...