Reflections on the Stability and Growth Pact's preventive arm in light of the COVID-19 crisis
Hauptmeier, Sebastian ; Leiner-Killinger, Nadine
Intereconomics. Review of European Economic Policy
2020
55
5
September
296-300
fiscal policy ; Stability Pact ; euro ; epidemic disease ; public debt
Public finance and taxation
https://doi.org/10.1007/s10272-020-0919-8
English
Bibliogr.
"Over the last decade and in light of the past great financial crisis, the EU's fiscal framework has been modified in many respects. One major modification with material consequences for the euro area's aggregate fiscal stance pertains to the introduction in 2015 of a so-called matrix of fiscal adjustment requirements under the preventive arm of the Stability and Growth Pact (SGP). ..."
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