Fourçans, André; Warin, Thierry - In: Journal of Economic Policy Reform 10 (2007) 1, pp. 51-62
Adopted in 1997 and implemented in 1999 with the euro, the Stability and Growth Pact (SGP) addresses concerns of budgetary discipline in the Economic and Monetary Union (EMU). After many breaches and the failure of the implementation of fines, Europe amended the SGP on 20 March 2005. In the new...
