EU Commissioner aims to present stability pact reform after summer

EU Economic Commissioner Paolo Gentiloni aims to..

present a reform of the eurozone stability pact after the summer,

adding the new rules would likely envisage country-specific debt targets

Speaking at an event in Italy, Gentiloni said that the Commission wants to make the reformed borrowing limits “less abstract and rigid”.

Euro zone finance ministers agreed last month ...

they would gradually shift their fiscal policies from supportive this year to neutral in 2023.

it would be interesting to note the future progress.