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Italy is stretching budget flexibility to the limit, raising a number of issues over EU fiscal rules

Codogno, Lorenzo (2015) Italy is stretching budget flexibility to the limit, raising a number of issues over EU fiscal rules. LSE European Politics and Policy (EUROPP) Blog (08 Oct 2015). Blog Entry.

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Abstract

Italy is currently asking Brussels for more flexibility over its new budget for structural reforms, investments and to help manage the refugee crisis. Lorenzo Codogno writes that this makes the Italian budget expansionary and, perhaps, also pro-cyclical. Moreover, it raises a number of issues on the proper interpretation of EU fiscal rules, the rules themselves, and the most appropriate fiscal stance given the state of the Italian and EU economy.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s); Online
Divisions: European Institute
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Departments > European Institute
Date Deposited: 27 Mar 2017 13:11
Last Modified: 29 May 2019 23:17
URI: http://eprints.lse.ac.uk/id/eprint/70932

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