Hartwig, Jochen; Rohr, Rita Kobel - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 73 (2004) 3, pp. 481-490
The stability and growth pact (SGP) has been criticised even before several EU Member States breached its rules. Countries belonging to a monetary union have an interest in keeping the budgetary behaviour of other Member States under control, since an unsustainable debt accumulation in one...
