1. The Stability and Growth pPact
... ) strengthens the surveillance and monitoring of fiscal stance based on Article 99 of the Treaty on European Union. The stability programmeprograms have to contain a medium-term objective for fiscal policy with the budgetary position close to balance or in surplus, the dynamic towards this goal and the assumptions in the programmeprogram, plus measures proposed to achieve the goal and a sensitivity analysis. The programmeprograms are public, and are updated annually. The Council monitors the implementation of the programmeprograms, and ... can be scrapped or changed with a qualified majo...
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- Approx Pages: 7
- Grade Level: Graduate