Godt salg The Constitutionalization of European Budgetary Constraints by Maurice Adams & Federico Fabbrini & Pierre Larouche pH08wzPj

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The recently enacted Treaty on the Stability Coordination and Governance of the Economic and Monetary Union generally referred to as the Fiscal Compact has introduced a golden rule which is a detailed obligation that government budgets be balanced. Moreover it required the 25 members of the EU which signed the Treaty in March 2012 to incorporate this golden rule within their national Constitutions. This requirement represents a major and unprecedented development raising formidable ch