The members of the EU do have relative freedom to set their own fiscal policies-government spending, taxation, and the creation of government surpluses or deficits. They are expected to keep deficit spending within limits.

Question

Quizplus · Accepted Answer

While there are certain EU regulations and guidelines surrounding fiscal policies, member states do have some level of freedom to make their own decisions in these areas. However, they are expected to keep deficit spending under control and within established limits.

The Members of the EU Do Have Relative Freedom to Set