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Fiscal Rules

Jean-Paul Keppenne
November 2018  

This contribution presents a short description of the EU fiscal surveillance mechanism as well as of the Fiscal Compact, and of their recent evolution as well as a discussion of their strengths and weaknesses. [...]

Keywords: euro area,Fiscal Compact, fiscal surveillance, Stability and Growth Pact.

Jean-Paul Keppenne is Director at the Legal Service of the European Commission.

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