In 2020, in the context of the COVID-19 health crisis, the rules of the Stability and Growth Pact were temporarily … suggested for a reformed Stability and Growth Pact would not be very different from those derived from the rules previously … recommendations of the reformed Stability and Growth Pact in comparison with former European fiscal rules. So, reactivated fiscal …

The European Commission has recently published legislative proposals for a reform of the Stability and Growth Pact (SGP …). The declared object is to make the economic governance of the EU simpler, improve national ownership, place a greater …

ceilings envisaged in the Stability and Growth Pact. We advocate the adoption of deficit targets. National governments should …There have been widespread criticisms of EMU fiscal institutions. We consider a simple alternative to the deficit … changes are required to current EMU institutions. Our scheme performs well in comparison with existing reform proposals and is …

There is consensus that the Stability and Growth Pact (SGP) needs to evolve. In this paper, we put forward reform ideas … allowing for growth, and contribute to economic convergence. A clearer focus of fiscal policy on primary deficits would also …

This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models … terms of government spending and fiscal expansion, the Economic and Monetary Union (hereafter EMU) could yield multiple … the form of fiscal federalism, such as common debt issuance (Eurobonds) that enhance the ability of the EMU to tackle the …

budget orthodoxy. The issue at stake is not only of political economy and institutional changes in the EU. It is also of … analysis and the problems of public spending, debt and fiscal space. The fiscal model which was the pillar stone of the EMU …, sustainable and inclusive recovery in Europe. The common real debt would be financed through the creation of EU Reproductive …

This paper discusses the future of the Stability and Growth Pact (hereafter SGP). Although Neoclassical economic models … terms of government spending and fiscal expansion, the Economic and Monetary Union (hereafter EMU) could yield multiple … the form of fiscal federalism, such as common debt issuance (Eurobonds) that enhance the ability of the EMU to tackle the …