The reform of the Stability and Growth Pact (SGP) became necessary as a result of the multiple enforcement difficulties the previous legislation had given rise to. this reform introduces “a change of pace” by providing new criteria for defining a public debt sustainability path tailored to the debt situation of each member state. The paper highlights lights and shadows of the new legislation.
Antonella Sciortino (2024). Sostenibilità del debito pubblico e proposta di riforma del Patto di stabilità e crescita. In Lettere AIC 2021-2024 (pp. 249-254). Napoli : Editoriale scientifica.
Sostenibilità del debito pubblico e proposta di riforma del Patto di stabilità e crescita
Antonella Sciortino
2024-11-01
Abstract
The reform of the Stability and Growth Pact (SGP) became necessary as a result of the multiple enforcement difficulties the previous legislation had given rise to. this reform introduces “a change of pace” by providing new criteria for defining a public debt sustainability path tailored to the debt situation of each member state. The paper highlights lights and shadows of the new legislation.
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