It is definitely not about asking our economies to compromise productivity and competitiveness. It is about fostering a broader use in the present of what a productive economy can sustain. The problem is that there is no common European fiscal policy, which is also not foreseen in the Treaty.
And for the rare instances where some criticism of the Fund was articulated today, it was certainly in the spirit of the famous German poet, Heinrich Heine, who once remarked that only “he profits from praise, who values criticism”.