The EU’s Economic Policy Architecture after Ratification of the Fiscal Stability Treaty

Friday, 30 August 2013
CEPS Commentaries
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In his presentation of the new Fiscal Stability Treaty, which came into force in January 2013, Jørgen Mortensen questions the extent to which the new inter-governmental agreement can be expected to solve the fundamental problem of consistency between budgetary and monetary policy.

Jørgen Mortensen is Associate Senior Research Fellow at CEPS and a Fellow at CASE – Centre for Social and Economic Research, Warsaw.