cepPolicyBrief
Economic & Fiscal Policy
First Annual Growth Survey (Communication)
cepPolicyBrief
The measures proposed in the Annual Growth Survey are principally appropriate to reduce the Member States’ indebtedness. In particular, states with a current account surplus should improve their investment conditions as proposed by the Commission. However, the Commission should pay greater attention to the fact that a cut in public spending is often more growth friendly than tax increases.