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Vade mecum on the Stability and Growth Pact

Author(s): Christine Frayne and Stéphanie Riso, European Commission

Vade mecum on the Stability and Growth Pactpdf(5 MB) Choose translations of the previous link 

Summary for non-specialistspdf(39 kB) Choose translations of the previous link  

This vade mecum is a manual prepared by DG ECFIN presenting the procedures and methodologies for implementing the Stability and Growth Pact (SGP), the rule-based framework for fiscal policy in the European Union. It is primarily aimed at individuals and organisations working on public finance issues in European Union (EU) countries, but should be of interest for anyone wanting an in-depth understanding of the SGP's functioning or searching for details on its implementation. It presents the legal basis, methodologies and procedures for implementing the SGP's two arms – the preventive arm and the corrective arm.

(European Economy. Occasional Papers 151. May 2013. Brussels. Paper and internet. )

KC-AH-13-151-EN-N (online)
ISBN 978-92-79-29353-5 (online)
doi: 10.2765/47845 (online)

Occasional Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and cover a wide spectrum of subjects. Views expressed in unofficial documents do not necessarily reflect the official views of the European Commission.

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