IMF warns against further relaxation of euro area fiscal rules | Euronews Newsletter Events Loader Newsletter Events Loader Loader Search
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Euro area countries should not further relax fiscal measures to tackle the current energy shock but rather improve their budget balances, with additional effort asked of high-debt countries, the International Monetary Fund (IMF) has warned. ADVERTISEMENT ADVERTISEMENT "Further relaxation of fiscal rules risks undermining the credibility of the framework and placing debt on an even higher path," the IMF wrote in its annual assessment of the euro area economy, released on Thursday. An excessive
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