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  • EDUARDO FERNÁNDEZ

    eduardfdz

    Madrid

Updated on Wednesday, 30 September 2020 - 22:43

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  • Crisis.

    Treasury activates the EU safeguard clause

The Treasury instantly erases the fiscal rules for the fiscal years of 2020, affected by the pandemic, and of 2021, in which the effects of the coronavirus will continue to be noticed at least as a result of the accounts of this year.

What rules have governed until now? They can be summarized in three.

First, the objective of budgetary stability must be met, that is, non-financial expenses should not exceed non-financial expenses.

Likewise, the call must be answered

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