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Stretching deficit ceilings has implications for fiscal scrutiny and even for democracy within the EU (Photo: Images_of_Money)

Deficit ceilings are not political toys

On 27 October, EUObserver reported on European Commission president Jean-Claude Juncker’s plan to correct deficit ceilings for member states’ spending on refugees.

In his speech for the European Parliament, Juncker promised to stretch the 3 percent deficit ceiling – as established in the Stability and Growth Pact (SGP) – for countries which make a “huge effort” sheltering immigrants.

Although this measure might work to stimulate...

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The views expressed in this opinion piece are the author’s, not those of EUobserver
Stretching deficit ceilings has implications for fiscal scrutiny and even for democracy within the EU (Photo: Images_of_Money)

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