RT @ojblanchard1: Let's be clear. The German "non paper" proposal for the reform of EU fiscal rules, requiring in particular a decline of 0.5% in the debt to GDP (1% for high debt countries) ratio each year would be catastrophic. It would lead to the worst form of pro-cyclical fiscal policy.

🐦🔗: https://n.respublicae.eu/javilopezEU/status/1644055351979921422