FINTAG.CZ: EXPERTS – EUROPEAN COMMISSION HEADING TOWARDS UNCONTROLLABLE DEBT

FINTAG.CZ: EXPERTS – EUROPEAN COMMISSION HEADING TOWARDS UNCONTROLLABLE DEBT

In Fintag.cz, the Centre for Economic and Market Analyses (CETA), as part of the Epicenter network, warned that the European Commission’s proposals for the 2028–2034 Multiannual Financial Framework risk normalising uncontrolled joint EU borrowing. Analysts including Michael Fanta and Aleš Rod of CETA criticised the planned new own resources and the National and Regional Partnership Plans, which would institutionalise the joint debt introduced under NextGenerationEU without clear limits or exit mechanisms. The Epicenter Alternative EU Budget study recommends capping spending at 1% of GNI, maintaining fiscal neutrality, using common debt only as an exceptional tool, and strengthening competitiveness through deregulation rather than higher spending and new taxes.

Share this content

EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

Subscribe

* indicates required

EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.