An energy embargo to stop financing Putin s war machine continues to divide the bloc, but the EU and its member states are actively seeking to reduce their dependence on Russian fossil fuels.
An energy embargo to stop financing Putin s war machine continues to divide the bloc, but the EU and its member states are actively seeking to reduce their dependence on Russian fossil fuels.
An important vulnerability of the EU economy is high public debt levels. This column proposes revisions to the EU fiscal rules to stimulate debt reduction, which would create budgetary room for stabilisation and growth-promoting spending and also support growth convergence among member states. Climate investment should not interfere with the fiscal rules but be financed