19th October 2009

Sustainability of public finances: a challenge for the future

Fiscal policymaking in the EU has been urgently focused on pulling the economy out of recession. Discretionary measures and in-built fiscal stimuli have cushioned the downturn in economic activity and have been a factor in the recent improvement. Governments need to keep supporting the economy and avoid choking off the emerging recovery. Now is the time to start mapping their consolidation strategies and assess how the crisis has affected their sustainability conditions. For more information cilck here.

Members of the American Chamber of Commerce in the Czech Republic