economy. If the government attempts to stimulate output beyond its natural level, a "deficit bias" emerges under non-cooperation …; under cooperation, the equilibrium is characterised by both a "deficit bias" and an "inflation bias". However, if the …

EU economic policies need to be fundamentally reoriented to deliver European public good (EPGs) in economic and non … established as a follow up of Next Generation EU, access to which would be conditional on adhering to the revised fiscal rulebook …. A systematic review of the various existing instruments at the EU level to stimulate investments should be carried out …