The European Commission wants to be in charge of new fiscal rules
Member states may worry
A MUSICAL about Ursula von der Leyen is hard to imagine. Unlike Alexander Hamilton—America’s first secretary of the Treasury, who masterminded the fiscal federalisation of the United States and was posthumously rewarded with a hit musical—Mrs von der Leyen still has some battles to win. Her latest proposal to make the European Commission that she runs a more political arbiter of the bloc’s fiscal rules is a good example.
This article appeared in the Europe section of the print edition under the headline “Hamiltonian rules”
Europe November 12th 2022
- Russia says it is abandoning the Ukrainian city of Kherson
- The particular problems of fighting in the Ukrainian autumn
- The European Commission wants to be in charge of new fiscal rules
- France is preparing for a new kind of war
- Fresh allegations in a Greek phone-hacking scandal
- How Brussels sprouted its own unique dialect
From the November 12th 2022 edition
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