Interview with Christian Lindner: Sound public finances are a precondition for a competitive single market and a stable monetary union. This is why Germany is advocating for ambitious efforts to reform the Stability and Growth Pact. Higher debt ratios and higher annual deficits are likely to weaken the single market and the euro in the future.
The Covid-19 crisis constitutes one of the biggest challenges in the history of the European Union and the Federal Republic of Germany in terms of its impact on health, society and the economy. The European Union has taken robust action in response to the crisis during Germany’s EU Council Presidency. With the recovery instrument “Next Generation EU“, which amounts to €750 billion, and its …