cepInput
Economic & Fiscal Policy
How can a reform of the Stability and Growth Pact foster sound fiscal policies?
cepInput
The SGP is repeatedly criticised because member states do not abide by its rules. However, compliance with the rules is important, as the Corona crisis will lead to a sharp increase in the debts of the Member States. In order for Member States to be able to orient themselves better to the rules of the SGP, the numerous escape clauses contained in it should be reduced. And not the Commission, but an independent body should in future monitor the rules of the SGP.
Download PDF
cepInput (publ. 06.30.2020) | 376 KB | Download | |
|