Bofinger, Peter; Ried, Stefan - In: Intereconomics : review of European economic policy 45 (2010) 4, pp. 203-211
Current developments in Greece make clear that the rules of the European Stability and Growth Pact (SGP) were neither strict enough nor enforced strictly enough. To deal with the ongoing exit from the fiscal crisis and its related phenomena, we propose a new framework for fiscal policy...
