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EU finance ministers to debate debt and investment rules, no deal imminent

From nasdaq.com

European Union finance ministers will discuss on Tuesday ideas for balancing debt reduction and investment in the 27-nation bloc, but views remain far apart and the next step towards a compromise is unlikely until November, officials said. The talks are part of a revision of the EU's fiscal rules that underpin the euro and that financial markets are watching closely. The rules have been suspended since 2020 but are to be reinstated from 2024 and EU governments want to update them before they kick in again. European Union finance ministers will discuss on Tuesday ideas for balancing debt reduction and investment in ... (full story)

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