vanDeuverden, Kristina - In: Wirtschaft im Wandel 8 (2002) 10, pp. 305-312
Submitting the Stability and Growth Pact European member states committed themselves to reduce their budget deficits …, the mode of consolidation is controversial. The Stability and Growth Pact focuses on converging budget deficits close to … fiscal policy narrows down. If current fiscal policy is not sustainable, the necessity of consolidation is obvious. However …