This note is the last of four on the reform of European economic governance. Unlike the previous three, it has been able to take account of the European Commission’s legislative proposal of 26 April 2023 ( https://economy-finance.ec.europa.eu/publications/new-economic-governance-rules-fit-future_en )
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The first of these notes focused on the link between growth and climate change, and the next two on the responsibilities of finance ministers in the fight against climate change.