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    德意志银行:欧盟观察(英文版)(35PDF)

    • 资料级别:普通资料
    • 资料大小:909 KB
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    • 上传时间:2006-3-31 14:41:00
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    资料简介:The prospect of joining the European Monetary Union prodded the then member
    states in the mid- and late 1990s into considerable fiscal discipline. In the early
    years following the launch of the single currency the fiscal policy situation also
    improved, although this was mainly due to the economic situation. In structural
    terms, however, public budgetary positions have worsened in recent years; but
    the positions in the individual countries differ substantially. Given demographic
    developments and the foreseeable strains on the public purse in particular, huge
    efforts are still needed to place fiscal policy on a permanent and sustainable
    basis