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Close....In....contrast,....Mr....Brown....measures....borrowing....over....the....economic....cycle....(which....could....last....as....long....as....10....years)Corrections....When....requesting....a....correction,....please....mention....this....item's....handle:....RePEc:nbb:ecrart:y:2005:m:june:i:ii:p:65-81Volume...(Year):...(2005)...Issue...(Month):...ii...(June)...Pages:...65-81...as...HTML...HTML...with...abstract...plain...text...plain...text...with...abstract...BibTeX...RIS...(EndNote,...RefMan,...ProCite)...ReDIF...JSON...in...new...window...Handle:...RePEc:nbb:ecrart:y:2005:m:june:i:ii:p:65-81...Contact...details...of...provider:...Postal:...Boulevard...de...Berlaimont...14,...B-1000...BruxellesPhone:...(+...32)...(0)...2...221...25...34Fax:...(+...32)...(0)...2...221...31...62Web...page:...More...information...through...EDIRC...The...preventive...arm...The...preventive...arm...Medium-Term...Budgetary...Objectives...(MTOs)The...expenditure...benchmarkStability...and...convergence...programmesLegal...basis...and...related...stages...So....the....commission....this....week....recommended....that....Germany....and....France....bring....their....deficits....under....control....by....next....yearBisciari..&..WThis...does...not...necessarily...mean...higher...interest...rates...to...punish...France...and...Germany,...but...it...may...allow...the...euro...to...rise...against...the...dollar
File....URL:....Restriction:....no....However,....against....the....background....of....the....economic....downturn....starting....at....the....turn....of....the....century,....this....perception....changed....and....some....observers....criticised....the....pact....for....unduly....constraining....governments....fiscal....room....for....manoeuvreAbout...this...article...CrossMark...Cite...this...article...as:...Karagounis,...K.,...Syrrakos,...DPRelated..research..Keywords:..Stability..and..growth..pact;..fiscal..rules;..European..monetary..policy;..Find..related..papers..by..JEL..classification:..E42..-..Macroeconomics..and..Monetary..Economics..-..-..Money..and..Interest..Rates..-..-..-..Monetary..Sytsems;..Standards;..Regimes;..Government..and..the..Monetary..System..E59..-..Macroeconomics..and..Monetary..Economics..-..-..Monetary..Policy,..Central..Banking,..and..the..Supply..of..Money..and..Credit..-..-..-..Other..H60..-..Public..Economics..-..-..National..Budget,..Deficit,..and..Debt..-..-..-..General..H69..-..Public..Economics..-..-..National..Budget,..Deficit,..and..Debt..-..-..-..Other..H87..-..Public..Economics..-..-..Miscellaneous..Issues..-..-..-..International..Fiscal..Issues;..International..Public..Goods..
Melyn...&...LWithout..higher..export..revenues,..Berlin..will..have..to..trim..public..spending..to..keep..the..budget..deficit..under..controlIn..the..case..of..Portugal..and..Ireland,..the..pact..was..applied..more..strictly..and..smaller..countries,..such..as..Austria,..have..made..greater..efforts..to..abide..by..itBut...imposing...financial...penalties...when...they're...already...mired...in...economic...problems...made...little...senseBusiness..SchoolManchesterUKStatistics..Access..and..download..statisticsThat..would..make..it..harder..for..Germany..to..export..-..a..key..source..of..growthIs....the....pact....dead?....It....certainly....is....in....intensive....care....and....will....probably....have....to....be....changedFrance....and....Germany....therefore....will....be....allowed....to....break....the....3%....rule....again....in....2004The...stability...and...growth...pact...:...an...eventful...history
Annual..draft..budgetary..plans..(DBPs)..of..euro..area..countries..Annual..draft..budgetary..plans..(DBPs)..of..euro..area..countries..Draft..budgetary..plans..2017Draft..budgetary..plans..2016Draft..budgetary..plans..2015Draft..budgetary..plans..2014..Download..Info..If..you..experience..problems..downloading..a..file,..check..if..you..have..the..proper..application..to..view..it..firstBibliographic..Info..Article..provided..by..National..Bank..of..Belgium..in..its..journal..Economic..ReviewReferences...No...references...listed...on...IDEAS...You...can...help...add...them...by...filling...out...this...formPlease...note...that...corrections...may...take...a...couple...of...weeks...to...filter...through...the...various...RePEc...services.Business....What....is....the....stability....and....growth....pact?....Economic....stagnation....in....France....and....Germany....has....scuppered....the....budgetary....constraints....put....in....place....with....the....euro 3c092786bf
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