In order to prevent an excessive deficit of a member of the EU, the Commission has the right to issue a warning under Article 126 TFEU. In addition, under Article 121 TFEU, the Commission can also warn a member if its economic policy is not consistent with the broad guidelines recommended by the Council or jeopardizes the common concerns of all members. – See Stability and Growth Pact, Competitive status, Surveillance, Economic policy, European.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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