Flexibility clauses in the Stability and Growth Pact: No need for revision

After an in-depth review of the Stability and Growth Pact, the authors of this CEPS Policy Brief conclude that there is sufficient flexibility within the Pact to accommodate any unexpected drop in economic activity and has ample margin to finance structural reforms during transition to the new regime.

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Year of publication:	2014-07
Authors:	Micossi, Stefano ; Peirce, Fabrizia
Institutions:	Centre for European Policy Studies (CEPS)

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Extent:	application/pdf
Series:	CEPS Papers.
Type of publication:	Book / Working Paper
Notes:	14 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010894757