Opinia na temat budżetowych kryteriów konwergencji sformułowanych w Pakcie na rzecz stabilności i wzrostu oraz w pakcie fiskalnym.
Opinion on the budgetary convergence criteria under the Stability and Growth Pact and the Fiscal Compact.

Summary/Abstract: The aim of the opinion is to answer the question whether the criteria of economic convergence relating to the condition of public finances in the member states, specified in both the Stability and Growth Pact (SGP) and the Fiscal Compact (formally, the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union) are identical or not. The EU member states participating in the European Monetary Union (EMU), and using the euro as their currency, as well as those member states which intend to join the EMU need to meet the convergence criteria (also known as Maastricht criteria). These include legal criteria related to independence of their national central banks, and economic criteria related to stability of prices, situation of public finances, currency exchange rates and long-term interest rates. The authors conclude that the reference values specified in the Stability and Growth Pact and in the Fiscal Compact are identical.

• Details
• Contents