Brussels, 01/04/2016 (Agence Europe) - On Friday 1 April, the European Commission reiterated that the methodology laid down in the stability and growth pact to calculate the output gap is the subject of an agreement between the member states.
“The indicators that we use in the context of the stability and growth pact, which includes this methodology for estimating potential output, are agreed by all member states”, said the European institution's spokesperson for economic affairs. She...