The European Fiscal Board published on 25 June its assessment of the general orientation of fiscal policy in the euro area for 2020.
According to the forecasts, the euro area economy is going through a temporary period of weaker growth before picking up again, but they also flag downside risks. In situation of economic and geopolitical uncertainty a neutral fiscal stance is appropriate, the Board concludes.
The European Fiscal Board is an independent body mandated to advise the European Commis...
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