Tagged with: stabilityandgrowthpact
Reforming the EU
Paul Sweeney 07/01/2020
An EU rule which must be radically reformed is the Stability and Growth Pact (SGP). It is a set of rules intended to ensure member states in the Union maintain fiscal discipline. The key is that member states must stay within the max of a 3% of GDP budget deficit while maintaining a 60% debt- to-GDP ratio. Governments are punished if they don’t …
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Kirsty Doyle is a Researcher at TASC, working in the area of health inequalities. She is …
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