The chronological sequence of discussions between Member States on the revision of fiscal rules is becoming clearer, with the potential outcome of presenting a legislative proposal “mid-year”, as indicated on Tuesday 18 January by the European Commission’s Executive Vice-President, Valdis Dombrovskis.
The day before, at the end of the Eurogroup meeting, the European Commissioner for the Economy, Paolo Gentiloni, had indicated that the European Commission would first present...