In an action plan submitted to the European Commission on Thursday 15 May, the mayors of fifteen major European cities – including Amsterdam, Athens, Barcelona, Lisbon, Rome and Zagreb – recommended activating the national opt-out clause in the Stability and Growth Pact to tackle the housing crisis in the European Union.
Activating this clause, as sixteen Member States have done so in order to cope with increased military spending, “should be possible for projects in the housing...