Tujula, Mika (contributor); Wolswijk, Guido (contributor) - 2004
allow making a distinction between automatic effects of the economy on the
budget and discretionary policy reactions …
lead to the imposition of fines. In addition, the 1997 Stability and Growth Pact requires countries
to respect a medium …, economic growth, budget balance, Stability and Growth
Pact.
4
ECB
Working Paper Series No. 422
December 2004 …