EUROPA

Summaries of EU legislation

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Stability and growth pact and economic policy coordination

The Stability and Growth Pact is intended to ensure that Member States maintain budget discipline in order to avoid excessive deficits. It therefore contributes to monetary stability. Member States coordinate their economic policies at European level.

• STABILITY AND GROWTH PACT
  • Implementation of the pact
    • Resolution of the Amsterdam European Council on the stability and growth pact
    • Surveillance of budgetary policies
    • The corrective arm: the excessive deficit procedure
    • Requirements for budgetary frameworks of the Member States
  • Implementation of the pact
    • A European Economic Recovery Plan
    • Reporting of planned deficits by Member States
    • European financial stabilisation mechanism
• ECONOMIC POLICY COORDINATION
  • Basic provisions
    • Resolution of the European Council on economic policy coordination (1997)
    • Reinforcing economic policy coordination
    • Streamlining of annual economic and employment policy coordination cyclesArchives
  • Council recommendations
    • Broad guidelines for economic policies
    • Broad Economic Policy Guidelines (2008- 2010)Archives
    • Broad economic policy guidelines (2005- 2008)Archives
    • Broad economic policy guidelines 2003-2005Archives
    • Broad economic policy guidelines (2002)Archives
    • Broad economic policy guidelines (2001)Archives
    • Broad economic policy guidelines (2000)Archives
    • Broad economic policy guidelines (1999)Archives
    • Broad economic policy guidelines (1998)Archives
    • Broad economic policy guidelines (1997)Archives
    • Broad economic policy guidelines (1996)Archives
  • Public finances in Member States
    • Ensuring the effectiveness of the preventive arm of the Stability and Growth Pact: Public Finances in EMU - 2007
    • Long-term sustainability of public finances in the EU
    • Revising the Stability and Growth Pact: Public Finances in EMU 2006
    • Public finances in Member States in 2005
    • Public finances in Member States in 2004
  • The European economy
    • The European economy: 2007 Review
    • The European economy: 2006 review - strengthening the euro area
    • The European economy: 2004 Review
    • The OECD and the examination of EC economic policies
  • Declaration on the Euro area
    • 2009 Annual Statement on the Euro Area
    • 2007 Annual Statement on the Euro Area