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The Dog that Lost Its Bark: The Commission and the Stability Pact. CEPS Policy Briefs No. 58, 1 November 2004

Gros, Daniel and Mayer, Thomas and Ubide, Angel. (2004) The Dog that Lost Its Bark: The Commission and the Stability Pact. CEPS Policy Briefs No. 58, 1 November 2004. [Policy Paper]

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    Abstract

    In a new Policy Brief submitted this month to the Monetary Committee of the European Parliament, CEPS Director Daniel Gros and two of his fellow Macroeconomic Policy Group members find that the case for consolidation of government finances against the background of present and prospective demographic changes remains very strong. They argue that the Commission’s recent proposals for reform of the SGP risk watering down the Pact, resulting in an erosion of fiscal discipline.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > EU institutions & developments > European Commission
    EU policies and themes > Policies & related activities > economic and financial affairs > Stability and Growth Pact
    EU policies and themes > Policies & related activities > economic and financial affairs > monetary policy
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 14 Apr 2007
    Page Range: p. 4
    Last Modified: 15 Feb 2011 17:43
    URI: http://aei.pitt.edu/id/eprint/6581

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