Álvarez Peralta, Nacho; Feigl, Georg; Koratzanis, Nasos; … - 2019
The fiscal governance of the EMU is in dire need of reform. Its current arrangements suff er from several shortcomings … economic objectives in guiding the conduct of fiscal policies; and last but not least, the fact that, under the EMU … by a lack of instruments for effective economic policy at the EMU level, we contribute to the ongoing debate on how to …