The Eu's Economic Policy Architecture after the Ratification of the Fiscal Treaty

Jorgen Mortensen

No 2, CASE Network E-briefs from CASE-Center for Social and Economic Research

Abstract: The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, adopted in March 2012 and entering into force in January 2013, was presented as a reinforcement of the Stability and Growth Pact. The present Brief argues that this new Treaty does not seem to offer a definitive solution to the problem of finding the appropriate budgetary-monetary policy mix in the EMU and that it may complicate some aspects of the economic policy governance in the Eurozone.

Keywords: Macroeconomics and macroeconomic policy; Europe; Euro area; eurozone (search for similar items in EconPapers)
Pages: 4 Pages
Date: 2013-08
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Persistent link: https://EconPapers.repec.org/RePEc:sec:ebrief:0213

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