Macroeconomic Surveillance Within the EU

Marek Dabrowski

No 13, CASE Network E-briefs from CASE-Center for Social and Economic Research

Abstract: The new European Union (EU) economic governance package released by the European Commission on September 29, 2010 includes two major components, i.e., changes and amendments to the Stability and Growth Pact (SGP) and new regulation on the prevention and correction of macroeconomic imbalances within the EU and European Monetary Union (EMU). While the first piece offers a certain improvement in the EU fiscal surveillance rules the second one looks deeply flawed and operationally unenforceable.

Keywords: Economic growth; fiscal surveillance; European Monetary Union (search for similar items in EconPapers)
Pages: 3 Pages
Date: 2010-11
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Citations: View citations in EconPapers (2)

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