The European Commission launched on Wednesday (6 February) a consultation with member states, the European Parliament and other stakeholders to review the EU’s fiscal rules, the Stability and Growth Pact.

The review comes as part of a multi-front effort to channel billions of euros into making the European economy more sustainable and achieving the zero-emission goal by 2050.
The aim is to simplify a set of rules considered “too complex” and based on “non-observable” indicators, said Commission vice-president Valdis Dombrovskis.

More information found here: https://www.euractiv.com/section/economy-jobs/news/this-is-how-europe-is-opening-the-floodgates-to-green-money/