Jost, Thomas; Tödter, Karl-Heinz - 2021
approach 100% on average. There are various calls to abolish or soften the Maastricht rules of limiting sovereign debt. We see … the risk of a new sovereign debt crisis in this decade if it is not possible to bring public debt down to an acceptable … level. Our new fiscal rule would be suitable and appropriate for this purpose, because obviously the Maastricht criteria …