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EU Stability and Growth Pact
30 January 2008, 13:32 CET
The Stability and Growth Pact (SGP) is a rule-based framework for the coordination of national fiscal policies in the economic and monetary union (EMU). It was established to safeguard sound public finances, an important requirement for EMU to function properly. The Pact consists of a preventive and a dissuasive arm.
The link address is: http://ec.europa.eu/economy_finance/sg_pact_fiscal_policy
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