login
login

Europe Daily Bulletin No. 10609

8 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) economy
Rehn says Stability and Growth Pact “is not stupid”

Brussels, 07/05/2012 (Agence Europe) - Economic and Monetary Commissioner Olli Rehn has said that the revised Stability and Growth Pact, although integrating quantitative rules on budgetary deficit, allows scope for judgment depending on a country's specific economic situation. “The Stability and Growth Pact is not stupid. Yes, the EU fiscal framework is rules-based with clear reference values for public deficit and debt for triggering the excessive deficit procedure and, if needed,...

Contents

A LOOK BEHIND THE NEWS
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
BUSINESS NEWS
WEEKLY SUPPLEMENT