Castro, Vítor (contributor) - 2007
% of GDP debt rule. Then, these same fiscal rules were
reinforced in the Stability and Growth Pact (SGP) for countries in … rate in the Euro-
zone, putting pressure on the common monetary policy framework and on price
stability. In the limit, it … opportunistically manipulate the
economy and to loosen fiscal policy before elections.
This problem can be even greater in a monetary …