The tragedy of the Fiscal Compact

Call to Europe III, Conference paper Malcom Sawyer The Treaty on Stability, Coordination and Governance […]

Policy Brief

09/10/2014

Call to Europe III, Conference paper

Malcom Sawyer

The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union combines a tightening of fiscal policies amongst EMU member countries threatening a deflationary spiral and confirmation of the pursuit of a neo-liberal agenda on employment, wages and the labour market.

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