Stability and Growth Pact 2024 Reform: Ending the “One-Size-Fits-All” Approach?

By Alexandre Mies Since the eurozone crisis in the 2010s and especially since the Covid crisis, the Stability and Growth Pact (SGP), or the Eurozone’s fiscal rules, increasingly revealed its limits. Before 2024, the SGP imposed the same quantitative budgetary rules on the 20 eurozone Member States, inherited from the 1992 Maastricht Treaty: public deficitContinue reading “Stability and Growth Pact 2024 Reform: Ending the “One-Size-Fits-All” Approach?”