this post was submitted on 23 Apr 2024
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The new rules stipulate that a state's debt must not go beyond 60% of GDP and its public deficit must stay below 3%

Countries with debt at over 90% of GDP will be required to reduce it by 1% per year on average and by 0.5% when it is between 60 and 90%.

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[โ€“] geissi@feddit.de 2 points 1 year ago

Hey, I've seen this one!