The Frugal Four was the nickname of an informal cooperation among like-minded economically liberal (also known as fiscal conservatism) European countries, including Austria, Denmark, the Netherlands and Sweden. It partly evolved as a successor of the New Hanseatic League that was set up to make up for the loss of the like-minded United Kingdom in the European political arena after Brexit.
The Frugal Four was the nickname of an informal cooperation among like-minded economically liberal (also known as fiscal conservatism) European countries, including Austria, Denmark, the Netherlands and Sweden. It partly evolved as a successor of the New Hanseatic League that was set up to make up for the loss of the like-minded United Kingdom in the European political arena after Brexit.
Source: Wikipedia "Frugal Four" · CC BY-SA 4.0
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