Carstensen, Kai; Gern, Klaus-Jürgen; Kamps, Christophe; … - 2002
the decision whether an excessive deficit exists. One cannot exclude that Italy and France have an interest to block such … a decision because they also have problems of meeting the obligations of the Stability and Growth Pact. So it is … decision about the excessive deficit procedure. The coming months will show whether the Pact really has teeth. We are strongly …