Stability and Growth Pact: Difference between revisions
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It has been through several phases since passage of the implementing secondary legislation. In its modern form it particularly affects euro area countries. | It has been through several phases since passage of the implementing secondary legislation. In its modern form it particularly affects euro area countries. | ||
The Pact was complemented and extended by the Fiscal Compact contained within the inter-governmental Treaty on Stability, Coordination and Governance (TSCG) that is binding on euro area countries and other Member States once they adopt the euro as their currency or voluntarily agree | The Pact was complemented and extended by the Fiscal Compact contained within the inter-governmental Treaty on Stability, Coordination and Governance (TSCG) that is binding on euro area countries and other Member States once they adopt the euro as their currency or voluntarily agree. | ||
== See also == | == See also == | ||
* [[Euro]] | * [[Euro]] | ||
* [[Euro area]] | |||
* [[European Union]] | |||
* [[Fiscal]] | |||
* [[Fiscal policy]] | |||
* [[Legislation]] | |||
* [[Secondary legislation]] | |||
==Other resource== | |||
*[https://economy-finance.ec.europa.eu/economic-and-fiscal-governance/stability-and-growth-pact_en Stability and Growth Pact - Europa] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 07:16, 9 February 2025
(SGP).
The European Union's Stability and Growth Pact is a rule-based framework for the coordination of national fiscal policies in the European Union.
It has been through several phases since passage of the implementing secondary legislation. In its modern form it particularly affects euro area countries.
The Pact was complemented and extended by the Fiscal Compact contained within the inter-governmental Treaty on Stability, Coordination and Governance (TSCG) that is binding on euro area countries and other Member States once they adopt the euro as their currency or voluntarily agree.
See also
