The EU Stability and Growth Pact requires member states to maintain under 3% deficit and 60% debt (to GDP). Even with cooked books Ukraine could not meet these requirements — especially during war.
It’s more than symbolic though, it’s continuing the saber rattling to threaten Russia.
The EU Stability and Growth Pact requires member states to maintain under 3% deficit and 60% debt (to GDP). Even with cooked books Ukraine could not meet these requirements — especially during war.
It’s more than symbolic though, it’s continuing the saber rattling to threaten Russia.