Cooper, Russell W. (contributor); Kempf, Hubert (contributor) - 2007
. Within the EMU,
measures to constrain fiscal policy at the national level were discussed early on. As the EU’s fiscal policy … is crucial for the long-term strenght of this union and
the credibility of its monetary policy. The adoption of the … Stability and Growth Pact and subsequently the
discussions that arose about this scheme, prove the concern about fiscal …