Publication
1 Nov 2004
This policy brief discusses the consolidation of government finances against the background of present and prospective demographic changes. This paper argues that the EU Commission’s recent proposals for reform of the Stability and Growth Pact risk watering down the Pact, resulting in an erosion of fiscal discipline.
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English (PDF, 4 pages, 86 KB) |
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Author | Daniel Gros, Thomas Mayer, Angel Ubide |
Series | CEPS Policy Briefs |
Issue | 58 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2004 Centre for European Policy Studies (CEPS) |