Page content
2022 Annual Report of the European Fiscal Board
On 26 October, the European Fiscal Board (EFB) published its sixth annual report. The report assesses the fiscal policy conducted during the recovery of the economy after the Covid-19 pandemic and updates the EFB’s proposals for a reform of the EU fiscal framework. The EU economy experienced a strong rebound after the Covid-19 crisis. Real GDP grew by more than 5% and the general government deficit improved by around two percentage points in both the EU and the euro area. […]