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Fiscal restraint looks inevitable in the Eurozone following the pandemic, especially if the fiscal rules are reinstated. How to match this with the need to finance the climate transition? Two possible routes are explored. One is the adoption of a ‘green golden rule’, with the structural...
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We assess the sustainability of the public finances of Greece, Ireland, Italy, Portugal and Spain (GIIPS), allowing for …
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-based spending policies could have led to much safer fiscal positions much more in line with the EU’s Stability and Growth Pact rules …
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threshold behaviour for the GIPS, that only correct "large" unbalances, which, in the case of Greece and Portugal, are higher …
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behaviour for the GIPS, that only correct 'large' unbalances, which, in the case of Greece and Portugal, are higher than the …
Persistent link: https://www.econbiz.de/10013065030