CAN Europe letter to the EU Economy and Finance Ministers ahead of ECOFIN Council

Financing the transition

EU Ministers will meet on 18 June for the Economic and Financial Affairs Council (ECOFIN Council). They will exchange views on Member States’ Recovery and Resilience Plans (RRPs), and discuss the future of the European Fiscal Framework.

Before the Recovery and Resilience Plans are approved in July, this meeting of Economy Ministers will be the last chance for improvements and make clear commitments in terms of transparency and participation for the implementation of the Plans.

Letter can be read here Letter ECOFIN 18 June 2021



Open letter: Support public investments for a stronger, more resilient and sustainable economy

We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.

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