Memo: Commission favours margins for public investment for growth in full respect of Stability and Growth Pact

Following its commitments in the Blueprint for a deep and genuine economic and monetary union, as well as in the Two-Pack, the Commission has explored further ways within the preventive arm of the Stability and Growth Pact to accommodate non-recurrent public investment programmes with a proven impact on the sustainability of public finances made by the member states in the assessment of their Stability and Convergence Programmes.

• Primary Source

ESO: Background Information: Stability and Growth Pact http://www.europeansources.info/record/website-stability-and-growth-pact/

EurActiv, 05.07.13: Brussels proposes loosening budget rules for struggling EU economies http://www.euractiv.com/euro-finance/brussels-proposes-loosening-budg-news-529100

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