European Fiscal Compact

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:treaty
gptkbp:aims_to ensure fiscal discipline
gptkbp:aims_to_improve excessive deficits
gptkbp:applies_to Eurozone countries
gptkbp:depicted_in a legal framework for fiscal discipline
a tool for fiscal consolidation
gptkbp:enforces gptkb:European_Court_of_Justice
gptkbp:excludes non-Eurozone EU countries
https://www.w3.org/2000/01/rdf-schema#label European Fiscal Compact
gptkbp:includes debt brake rule
gptkbp:is_considered a cornerstone of EU fiscal policy
a response to the Eurozone crisis
gptkbp:is_criticized_for austerity measures
its impact on growth
limiting national sovereignty
gptkbp:is_designed_to restore market confidence
gptkbp:is_discussed_in EU summits
economic forums
gptkbp:is_effective_against January 1, 2013
gptkbp:is_evaluated_by gptkb:European_Commission
gptkbp:is_implemented_in national legislation
member states' governments
gptkbp:is_linked_to gptkb:European_Stability_Mechanism
financial stability
economic convergence
debt sustainability
gptkbp:is_monitored_by gptkb:European_Commission
gptkbp:is_opposed_by some political parties
left-wing parties
gptkbp:is_part_of gptkb:European_Union
broader economic governance framework
EU's response to financial crises
EU economic governance reforms
EU's economic governance architecture
gptkbp:is_related_to Stability and Growth Pact
fiscal rules
fiscal policy coordination
fiscal stability
fiscal compact debate
gptkbp:is_subject_to judicial review
gptkbp:is_supported_by gptkb:European_Parliament
gptkb:German_government
fiscal conservatives
fiscal hawks
gptkbp:promotes economic stability
gptkbp:ratified_by 25 EU member states
gptkbp:requires structural reforms
balanced budgets
automatic correction mechanisms
report budgetary plans
gptkbp:signed_by January 30, 2012
gptkbp:bfsParent gptkb:Fiscal_Stability_Treaty
gptkbp:bfsLayer 8