Is the Stability & Growth pact dead?

It was established to reassure Germany in the run-up to creating the Euro in 1999. It’s been flouted by most member states of the Eurozone and its nickname was the ‘Stupidity’ pact which was the Growth and Stability pact. . But is the Growth &...

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06.35 25 May 2022

Is the Stability & Growth...

Is the Stability & Growth pact dead?

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Breakfast Business with Joe Lynam

Breakfast Business with Joe Lynam

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06.35 25 May 2022

It was established to reassure Germany in the run-up to creating the Euro in 1999. It’s been flouted by most member states of the Eurozone and its nickname was the ‘Stupidity’ pact which was the Growth and Stability pact. . But is the Growth & Stability pact defunct in light of pooled borrowing and bailouts?

Benoit Lallemand from Finance Watch in Brussels joined Joe on the show this morning.

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