The European Commission has announced the proposal of new economic governance (budget) rules for EU Member States. --- Commission proposes new economic governance rules fit for the future The Commission has today presented legislative proposals to implement the most comprehensive reform of the EU's economic governance rules since the aftermath of the economic and financial crisis. The central objective of these proposals is to strengthen public debt sustainability and promote sustainable and inclusive growth in all Member States through reforms and investment. The proposals address shortcomings in the current framework. They take into account the need to reduce much-increased public...