Rethink and Reset: Time to get rid of the Stability and Growth Pact?

The Stability and Growth pact never tied governments to the mast of fiscal consolidation. Nor did it encourage governments to lead on structural economic reforms, it is time to rethink and reset the numerical ceilings of the pact, writes Matthias Bauer.

Disclaimer - All opinions in this column reflect the views of the author(s), not Euractiv Media network.

Lagarde and Greek prime minister.jpg

13-11-2014 18:08 8 min. read Content type: Euractiv is part of the Trust Project

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