Every EU member state should comply with fiscal rules, German Finance Minister says

FILE PHOTO: German Finance Minister Christian Lindner speaks during the German Employers' Day of the Confederation of German Employers' Associations (BDA) in Berlin, Germany September 13, 2022. REUTERS/Michele Tantussi/File Photo

Source: REUTERS

All European Union member states should comply with fiscal rules, German Finance Minister Christian Lindner said on Monday in Brussels.

"I expect every member state to be compliant with our fiscal rules," Lindner said before the meeting of finance ministers, asked about France's deficits. "It's in our best common interest to maintain the sustainability of our public debt."

Lindner said the EU should focus on progress on the capital markets union, instead of considering further public debt.

This article was produced by Reuters news agency. It has not been edited by Global South World.

By Reuters