About: golden rule

Economy & Jobs 06-02-2020

This is how Europe is opening the floodgates to ‘green’ money

The European Commission launched on Wednesday (6 February) a consultation with member states, the European Parliament and other stakeholders to review the EU's fiscal rules, the Stability and Growth Pact.
Economy & Jobs 18-09-2019

New investment clause fails to win EU member state support

EU member states remain split over a possible relaxation of the bloc’s fiscal rules meant to facilitate investment in the bloc, despite calls from the European Central Bank and some governments to increase public spending and mitigate the risk of recession.
Euro & Finance 20-04-2012

Commission optimistic on Italy, hails ‘golden rule’ adoption

Despite deteriorating economic growth and fiscal forecasts, the European Commission maintained yesterday (19 April) its "primary view" that Italy was on track to run a sizeable primary budget surplus in 2013 and congratulated Rome for enshrining a 'golden rule' in the  constitution to balance the country's budget.
Future EU 02-03-2012

25 EU leaders sign fiscal compact treaty

All but two EU countries signed a fiscal pact to tighten budget discipline on Friday (2 March), marking a coup for Germany which sought the accord to prevent a repeat of the loose spending that contributed to the economic crisis.
Euro & Finance 13-12-2011

PES leader: ‘Golden Rule’ should not be imposed

The introduction of a deficit-limiting 'golden rule' in the EU countries' constitutions on an obligatory basis, decided at the recent EU summit, is likely to raise questions because in most countries neither the parliament nor the society has been consulted, Sergei Stanishev, leader of the Party of European Socialists (PES) told EURACTIV in an exclusive interview.