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Der Fiskalpakt: Schlüssel für dauerhaft solide Finanzen in der Eurozone?

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  • Afflatet Nicolas

    (Parlamentarischer Assistent im Europäischen Parlament, BrüsselWeidenauer Straße 18757076 SiegenDeutschlandSiegen, Deutschland)

Abstract

The Fiscal Compact had seemed to be one of the lessons learned from the Euro crisis. It was supposed to ensure that member states follow more ambitious fiscal targets. First results however show that fiscal indicators have not substantially improved. Public debt is higher than at the beginning of the crisis and consolidation efforts were limited. The outook for European public debt and the stability of the Eurozone is thereby not promising.

Suggested Citation

  • Afflatet Nicolas, 2019. "Der Fiskalpakt: Schlüssel für dauerhaft solide Finanzen in der Eurozone?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 68(2), pages 183-201, August.
    • Handle: RePEc:lus:zwipol:v:68:y:2019:i:2:p:183-201:n:3
    DOI: 10.1515/zfwp-2019-2011
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    More about this item

    Keywords

    Fiscal Compact; Stability and Growth Pact; Public Debt; Deleveraging; Euro Crisis; Fiskalpakt; Stabilitäts- und Wachstumspakt; Staatsverschuldung; Austerität; urokrise;
    All these keywords.

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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