Fiscal discipline is essential for the functioning of the Euro. 89% (41 votes) Obsession with austerity is pushing the EU into crisis. 11% (5 votes) Total votes: 46 Presentation videos: Embedded video for How important is fiscal discipline for the European economy?Embedded video for How important is fiscal discipline for the European economy?Embedded video for How important is fiscal discipline for the European economy?Embedded video for How important is fiscal discipline for the European economy?