Could the Stability and Growth Pact be Substituted by the Financial Markets?’

EIoP

This 26-page paper investigates whether the European Union’s main fiscal rule, the Stability and Growth Pact, could be substituted by financial markets, taking into account the effects of the latest financial and economic crisis

Terezie Výprachtická

European Union , Economic Policy Posted: 2011-10-11

Could the Stability and Growth Pact be Substituted by the Financial Markets?’