IMF: European debt measurements misleading policies
Traditional fiscal indicators focused on current deficits and debt miss the potentially important implications of current policies for future public finances, an IMF paper published in July shows.
Delia Velculescu, the paper's author, says this could be problematic, especially in the case of the European Union (EU) countries, where the ageing population is expected to pose additional fiscal costs not captured by such indicators. To better gauge the state of public finances in the EU27 countries
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