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Un bilancio europeo per una politica di crescita


The aim of this project if to introduce into the debate on Europe's future institutional set-up the issue of the Union's budget. As it stands, this budget, given its size and its structure, prevents the Union from undertaking the growth policies needed to achieve the objectives set down in the treaties. The proposal is to do away with the rule that calls for a balanced budget, which would allow for deficit financing of Union policies aimed at increasing the number and quality of production factors. Much like the United States, the proposal project suggests using the Union's debt as assets in official reserves and foreign portfolios, thereby consolidating the role of the euro.

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