New life for an old framework: redesigning the European Union's expenditure and golden fiscal rules

External publication

New life for an old framework: redesigning the European Union's expenditure and golden fiscal rules

Testimony before the European Parliament on the subject of EU fiscal policies.

Publishing date: 17 November 2020
Authors: Zsolt Darvas

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On 13 November 2020, Bruegel Senior fellow Zsolt Darvas gave a presentation and participated in the discussion on ‘EU fiscal policies: how to address sustainability of public finances and economic stabilisation’, at the Shadows' meeting of the Economic and Monetary Committee (ECON) of the European Parliament, related to the pending report ‘The review of the macroeconomic legislative framework for a better impact on Europe’s real economy and improved transparency of decision-making and democratic accountability’.

About the authors

Zsolt Darvas

Zsolt Darvas is a Senior Fellow at Bruegel and a part-time Senior Research Fellow at the Corvinus University of Budapest. He joined Bruegel in 2008 as a Visiting Fellow, and became a Research Fellow in 2009 and a Senior Fellow in 2013.

From 2005 to 2008, he was the Research Advisor of the Argenta Financial Research Group in Budapest. Before that, he worked at the research unit of the Central Bank of Hungary (1994-2005) where he served as Deputy Head.

Zsolt holds a Ph.D. in Economics from Corvinus University of Budapest where he teaches courses in Econometrics but also at other institutions since 1994. His research interests include macroeconomics, international economics, central banking and time series analysis.