| Author (Corporate) | European Central Bank |
|---|---|
| Series Title | Economic Bulletin |
| Series Details | No.3, May 2016 |
| Publication Date | May 2016 |
| ISSN | 2363-3417 |
| Content Type | Journal | Series | Blog |
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This article analyses the economic and institutional factors supporting the reduction of government debt-to-GDP ratios from high levels in the euro area. To this end, it reviews past debt reduction episodes and assesses – as an example of an operationalised government debt reduction strategy – the debt rule enshrined in the reformed Stability and Growth Pact (SGP). |
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| Source Link | Link to Main Source https://www.ecb.europa.eu/pub/pdf/other/eb201603_article02.en.pdf |
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| Countries / Regions | Europe |
