In this episode of The Sound of Economics, Rebecca Christie is joined by Ester Barendregt, Zsolt Darvas and Jeromin Zettelmeyer to discuss how to finish the new fiscal rules for the European Union before next year's European elections. They speak about whether the emerging fiscal rules might help or hurt efforts to fund the green transition.

Also on the agenda is the latest developments towards fiscal rules reform, with the speakers giving their feedback on the current proposals. They also debate how to balance debt and environmental sustainability and whether there is enough political will to achieve fiscal rules reform.

Relevant publications:


Zettelmeyer, J. (2023) ‘Are the emerging EU fiscal rules green enough?’, Bruegel First Glance, 16 November, available at https://www.bruegel.org/first-glance/are-emerging-eu-fiscal-rules-green-enough

Darvas, Z., L. Welslau and J. Zettelmeyer (2023) ‘A quantitative evaluation of the European Commission´s fiscal governance proposal’, Working Paper 16/2023, Bruegel