The chairman of the European Fiscal Board, Niels Thygesen, believes that it is better to give powers and means at European level to stimulate investments in the ecological and digital transitions, rather than creating exemptions from the European fiscal rules such as the ‘golden rule’.
In our annual report (see EUROPE B12833A23), we mention the idea of allocating “specific national envelopes” in the EU budget to invest in common goods such as ‘green’ and/or cross-border...