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Improving the Stability and Growth Pact: the Commission’s three pillar approach

Author(s): Servaas Deroose and Sven Langedijk (Directorate General for Economic and Financial Affairs)

Improving the Stability and Growth Pact: the Commission’s three pillar approachpdf(715 kB) Choose translations of the previous link 

This paper provides a concise overview of the experiences with the Stability and Growth Pact, the challenges ahead and the reasons for the examination and possible reform. It presents an overview of the proposals to modify the rules and interpretation of the Pact, to improve fiscal governance and to strengthen statistical governance.

(European Economy. Occasional Papers 15. February 2005. Brussels. 84pp. Tab. Free.)

KC-AH-05-015-EN-C (online)
ISBN 92-894-8852-2 (online)
ISSN 1725-3209 (online)

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