factors with central importance in EMU. Flexibility in labor markets functioning and wage-setting aiming to nominal and real … proposition associated with the new ‘pact for euro’. Aiming to formulate a flexible wage setting framework in EMU, complementary … we aim at assuring competitiveness and external balance, the crucial preconditions for job creation in EMU. …

euro-area countries in the 2004–2012 period and compares those changes with fiscal policy measures introduced in Slovenia … expansionary in the period before the current economic crisis started. The evaluation of the fiscal stance in Slovenia suggests … Slovenia in 2011 and 2012 due to fiscal consolidation was more restrictive and pro-cyclical. Finally, we emphasize that …

euro-area countries in the 2004–2012 period and compares those changes with fiscal policy measures introduced in Slovenia … expansionary in the period before the current economic crisis started. The evaluation of the fiscal stance in Slovenia suggests … Slovenia in 2011 and 2012 due to fiscal consolidation was more restrictive and pro-cyclical. Finally, we emphasize that …