In the current discussions around the Commission proposals to reform EU fiscal rules, a focus should be put on the debt sustainability analysis (DSA) and the uncertainties that come along with it. See here @heimbergecon:
RT @heimbergecon: The European Commission's projections for Italy's public debt to GDP ratio with debt sustainability analysis (DSA) show drastic revisions. New Commission proposal for fiscal rules suggests using DSA to derive a specific 4-year fi…
🐦🔗: https://n.respublicae.eu/repasi/status/1599725075418095616
See also @PhilippaSigl presenting a discussion paper by @DezernatZ:
RT @PhilippaSigl: (2) Debt sustainability analyses:
Our text goes through the assumptions used for @EU_Commission DSAs. Our takeaways: First, there is a large degree of uncertainty, even if DSAs only to to project debt dynamics over 5y, not speaking of the 14y necessary under the COM proposal. /6
🐦🔗: https://n.respublicae.eu/repasi/status/1599725667901267968
