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The Eu's Economic Policy Architecture after the Ratification of the Fiscal Treaty

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  • Jorgen Mortensen

Abstract

The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, adopted in March 2012 and entering into force in January 2013, was presented as a reinforcement of the Stability and Growth Pact. The present Brief argues that this new Treaty does not seem to offer a definitive solution to the problem of finding the appropriate budgetary-monetary policy mix in the EMU and that it may complicate some aspects of the economic policy governance in the Eurozone.

Suggested Citation

  • Jorgen Mortensen, 2013. "The Eu's Economic Policy Architecture after the Ratification of the Fiscal Treaty," CASE Network E-briefs 2, CASE-Center for Social and Economic Research.
    • Handle: RePEc:sec:ebrief:0213
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    Keywords

    Macroeconomics and macroeconomic policy; Europe; Euro area; eurozone;
    All these keywords.

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