Stability
131Stability And Growth Pact - SGP — An agreement between the 16 countries that form the European Union (EU) and use the euro as currency. The SGP, enacted in 1997, was created to establish rules to ensure that all involved countries help maintain the value of the euro by enforcing… …
132Stability and Growth Pact — A European Union budget pact designed to underpin monetary union and the euro. It aims to prevent any one Eurozone member from racking up large government budget deficits that would raise the cost of borrowing for the whole club. The pact… …
