Whitman, Marina von Neumann (contributor) - 2003
constrained by the Stability and Growth Pact,
adherence to which is one of the requirements for EMU membership. The Pact … Treaty of Rome in 1957 has evolved in the
European Union (EU) and European Monetary Union (EMU) of today.
8
In fact, the ….
Although in principle the member nations of the EMU retain some control over fiscal
policy, their fiscal autonomy is severely …