de Castro Fernández, Francisco; Pérez, Javier J.; … - European Central Bank - 2011
Europe, the latter could be particularly worrisome given the role of fiscal data in the functioning of EU’s multilateral … surveillance rules. Adherence to such rules is judged upon initial releases of data, in the framework of the so-called Excessive … Deficit Procedure (EDP) Notifications. In addition, the lack of reliability of fiscal data may hinder the credibility of …