Weshalb die Europäische Währungsunion den Stabilitätspakt braucht

The stability pact is intended to bind the hands of national fiscal policy with respect to debt and thus protect the euro as a common currency. To what extent the value of money is stable depends on the solidity of the government’s finances. To weaken the pact will imply a loss of confidence for the euro later on.

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Year of publication:	2002
Authors:	Siebert, Horst
Publisher:	Kiel : Kiel Institute for World Economics (IfW)
Subject:	Haushaltskonsolidierung \| Länderfinanzen \| Konvergenzkriterien \| Europäische Wirtschafts- und Währungsunion \| EU-Staaten

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Series:	Kiel Working Paper ; 1134
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	German
Other identifiers:	741268892 [GVK] hdl:10419/2871 [Handle] RePEc:zbw:ifwkwp:1134 [RePEc]
Classification:	E0 - Macroeconomics and Monetary Economics. General ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit
Source:	EconStor

Persistent link: https://www.econbiz.de/10010265557