Economic policy coordination

General framework

Introduction- Developing the Economic Pillar- Renewed Commitment- Resolution of the European Council of 13 December 1997 on economic policy coordination in Stage III of EMU and on Treaty Articles 109 and 109b of the EC Treaty - I. Coordination of economic policies in Stage III of economic and monetary union (EMU)- II. Implementing the Treaty provisions on the exchange rate policy, external position and representation of the Community (Article 109 of the Treaty)- III. Dialogue betwe...

The Stability and Growth Pact

Resolution of the European Council on the Stability and Growth Pact Amsterdam, 17 June 1997 -The Member States- The Commission- The Council- Declaration by the Council (Ecofin) and the ministers meeting in that Council issued on 1 May 1998 - European Council Brussels 22 and 23 March 2005 Presidency conclusions (extract)- I. Stability and Growth Pact- Annex II: Improving the implementation of the Stability and Growth Pact - Council Report to the European Council - 1. Improving governance...

Specifications on the implementation of the Stability and Growth Pact and guidelines on the format and content of stability and convergence programmes

Section I - Specifications on the Implementation of the Stability and Growth Pact- A. The Preventive Arm of the Stability and Growth Pact- 1. The medium-term budgetary objective (MTO)- 1) The adjustment path toward the medium-term budgetary objective and deviations from it- 2) Commission policy advice and warning- B. The Excessive Deficit Procedure- 1) Commission report under Article 104(3)- 2) Increasing the focus on debt and sustainability- 3) The decision on the existence of an excessive d...