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Samples in periodicals archive:
5% of GDP in line with the preventative component of the stability and growth pact," the paper reads.
The crisis was resulting in the emergence of "a consensus for an extremely substantial strengthening of the Stability and Growth Pact cut short its latest study of Greek finances, on which depends the next release of money from the first rescue, saying that Greece had more work to do on its crash programme to reduce the public deficit.
Merkel, who said that the EU's stability and growth pact ahead of a 17-nation eurozone, though he stressed that "there was no voice against" either.
The figures would break stability and growth limits set by the EU's stability and growth pact.
00 Hardcover HJ1000 The major breaches of the European Stability and Growth Pact (SGP) by France and Germany in 2003 and the subsequent reform of the Pact in 2005 suggest to Talani (European studies, U.
Since therefore that the Government's announced intention to give, when considered necessary, financial aid to the struggling Northern Rock bank is in blatant contravention of the Stability and Growth Pact it would be interesting to see the reaction of Brussels bureaucrats if this situation arose.
The Stability and Growth Pact is a continuing source of economic controversy within Europe.
It also stressed it was essential to strengthen parts of the eurozone's budgetary rulebook following the suspension late last year of the so-called Stability and Growth Pact.