ECONOMY - FINANCE - BUSINESS / Economy

Ms de Lange and Ms Marques in favour of a quantified obligation to reduce public debt of countries outside limits of Stability Pact

Luxembourg, 16/10/2023 (Agence Europe)

MEPs Esther de Lange (EPP, Dutch) and Margarida Marques (S&D, Portuguese), co-reporters for the European Parliament, are in favour of including a quantified target for reducing the public debt of EU countries as part of the reform of the Stability and Growth Pact.

Dated Thursday 12 October, their draft report stresses the importance of Member States whose debt exceeds 60% of GDP or whose deficit exceeds 3% of GDP developing a reference trajectory that will lead to a sustainable reduction...