Euro-area reforms will reinforce fiscal consolidation

The European Stability Mechanism will obtain greater influence over fiscal policy coordination

You must be signed in to read this analysis

Sign in Sign up to our newsletter

In this article

  • Stronger, more intrusive, ESM
  • More rigid fiscal rules
  • State-bank nexus

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.