Growth And Stability Pact

Growth and stability pact [r]: The clause of the Maastricht Treaty which sets required limits upon European Union member countries' budget deficits and levels of national debt at 3 per cent and 60 per cent of GDP respectively, subject to exceptions covered by the excessive deficit procedure. ^[e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.