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Global Agenda Council on Fiscal Sustainability 2012-2014

 
Global Agenda Council on Fiscal Sustainability 2012-2014

In the aftermath of fiscal shocks threatening the economic stability of the Eurozone, there is an increasing convergence of opinion about the necessity to establish a fiscal union in addition to the European Union’s monetary union. However, what such a fiscal union would actually mean lacks clarity and common understanding among European and global experts.