A shared fiscal policy would involve a centralized EU budget and coordinated economic policies. Proponents argue it would strengthen economic stability and reduce disparities between member states. Opponents fear loss of national fiscal sovereignty and unequal impacts on richer versus poorer countries.
@ISIDEWITH9mos9MO
No
@9ZWYG562mos2MO
That the reforms needed are too massive and all encompassing for each state. It will mean massive increases of capital flows to the EU in order to help lift up the poorer member states and many in the public will not like sending so much money.
@ISIDEWITH9mos9MO
Yes
@9ZWYG562mos2MO
You only have to look at what integration to the EU has done for Ireland. We have multiplied our GDP x9 ,x10 times since the 1960's. This is only with limited integration. By investing more in the EU we will help our European partners to get even richer which will help them purchase irish products. It is a mutually beneficial relationship.
@9ZH95KB2mos2MO
Again I understand the idea behind it but I think it could cause a lot of issues especially with every member state having a different economy that relies on different things.
@9W7TJZX3mos3MO
Yes but still allow member states to maintain their own budgets and certain fiscal policies
@9SZSJTT5mos5MO
Really depends on the economic situation of each region
@9N6WBSJ8mos8MO
yes but each country should have the final say and the EU should only act as an advisor
No, member states have different issues that require different fiscal policies.
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