The European Commission urged EU countries to abandon the increase in public budget deficits in 2024 and announced that existing budget concessions would be lifted by the end of 2023. According to the Italian news agency, the relevant statement was made by Valdis Dombrovskis, Vice President of the European Commission. ANSA.
At the press conference held after the presentation advices Regarding the European Commission’s fiscal policy for 2024, the EC representative announced a “very high” level of inflation in the European Union, including “core”.
“The problem is not resolved yet. It is a threat to purchasing power and social justice in our countries. Debt prudence should continue to be one of the factors of our economic policy,” said Dombrovskis, emphasizing that there are many untapped resources in the investment market that can be used by companies that are deeply immersed in debt.
Formerly at the French Ministry of Finance announced taking measures to protect against food inflation.