Fischer, Jonas; Jonung, Lars; Larch, Martin - Directorate-General Economic and Financial Affairs, … - 2007
after its inception triggered a heated debate on how to reform the framework of fiscal policy coordination in the Economic … background of its author(s), the main aim attached to fiscal policy coordination in the EMU, the timing of the proposal and the … thought share the view that in the absence of specific rules fiscal policy would lead to excessive deficits and hence affect …