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European Commission Fact SheetStability and Growth Pact: fiscal proposals for Spain and Portugal Brussels, 27 July 2016 Contents 1. What has the Commission adopted today in the context of the Excessive
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The stability and growth pact is an agreement among the member states of the European Union to coordinate their fiscal policies and ensure sound public finances.
Member states of the European Union are required to file stability and growth pact.
To fill out the stability and growth pact, member states must report on their budget plans, deficits, and debt levels.
The purpose of the stability and growth pact is to prevent excessive deficits and promote fiscal responsibility among EU member states.
Information such as budget plans, deficits, and debt levels must be reported on stability and growth pact.
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