Analysis carried out by the ECB for the euro area. It focuses on the divergence between governments’ budgetary targets and actual spending levels. – See deficit ratio, European Monetary Union, fundamental error, European treasury, early warning law, budget deficit, budget ratios, budget prereconciliation, European, default, debt ratio, solidarity, financial, government debt reduction, government debt pressure, Stability and Growth Pact, fundamental error, fiscal framework, sustainability of public finances. – Cf. ECB Monthly Bulletin, December 2013, pp. 112 et seq. (presenting the fiscal sensitivity analysis; overviews; references).
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/