Stability and Growth Pact

Mr. Schäuble: We have the rules of the Stability and Growth Pact.

Q&A: German Finance Minister Takes On Critics 2012

Yet the Stability and Growth Pact that was supposed to deliver these goals lacked teeth; Europe stood by as Germany and France flouted the Pact by running excessive deficits.

Euro Zone Needs to Tackle Its Biggest Deficit—Leadership Simon Nixon 2011

The Stability and Growth Pact was supposed to ensure fiscal prudence and economic convergence.

Trichet's Solution for an Imperfect Union Simon Nixon 2011

When I became finance minister just over two years ago and attended the Eurogroup for the first time, all my colleagues asked me: How are you going to abide by the Stability and Growth Pact?

Q&A: German Finance Minister Takes On Critics 2012

Yet the Stability and Growth Pact that was supposed to deliver these goals lacked teeth; Europe stood by as Germany and France flouted the Pact by running excessive deficits.

Euro Zone Needs to Tackle Its Biggest Deficit—Leadership Simon Nixon 2011

That will require a substantial transfer of sovereignty to ensure that the rules of the Stability and Growth Pact, which were meant to underpin the currency bloc, can never be broken again.

Can Euro Zone's Word Become Its Bond? Simon Nixon 2011

For years now, the Stability and Growth Pact — which was supposed to enforce fiscal discipline — has been repeatedly breached without consequences.

Preventing the Next Euro-Zone Debt Crisis Michael Heise 2010

For years now, the Stability and Growth Pact — which was supposed to enforce fiscal discipline — has been repeatedly breached without consequences.

Preventing the Next Euro-Zone Debt Crisis Michael Heise 2010

For years now, the Stability and Growth Pact — which was supposed to enforce fiscal discipline — has been repeatedly breached without consequences.

Preventing the Next Euro-Zone Debt Crisis Michael Heise 2010

However, the EU finance ministers have decided to set Bulgaria under the excessive deficit procedure, a program to reduce its budget deficit below the 3% threshold of gross domestic product required by the Stability and Growth Pact.

Bulgarian Economy Stabilizing 2010