Global fiscal conditions are increasingly challenged as governments face structurally higher debt levels, rising borrowing costs, geopolitical uncertainty and persistent spending pressures. The April International Monetary Fund Fiscal Monitor warns that the window for orderly fiscal adjustment is narrowing, with weak primary balances and rising debt service costs progressively constraining fiscal space and limiting governments’ ability to absorb shocks.
The war in Iran, volatile energy prices, domestic social demands and ambitious industrial policies are adding to the complexity of the situation by further amplifying uncertainty. In this high-stakes environment, how can governments balance debt sustainability with urgent expenditure needs? How do higher energy costs threaten fiscal stability and what responses are most effective? And critically, what does a credible fiscal adjustment look like in an era of elevated interest rates?
Building on the global analysis of the IMF Fiscal Monitor, this event will offer the opportunity to discuss pressing policy choices and their implications in the EU and beyond.
Please note that this event is in-person only, with the exception of CEPS members who may request a link to follow virtually by emailing [email protected]
