Search results for "Stability pact"
showing 2 items of 2 documents
Gli strumenti finanziari nazionali di supporto alla riduzione dei consumi energetici negli edifici delle pubbliche amministrazioni
2015
Public Administrations are currently constrained, in their aims of carrying out actions and projects for the limitation of the energy consumption of buildings, by the scarcity of adequate budgets and by the need of observing the Growth and Stability Pact. On the contrary, the availability of (and the access to) suitable financial sources would represent significant opportunities for an economic development characterized by energy and environmental sustainability. This paper, after a short review of the domestic financial tools actually available for the reduction of their energy consumption of municipalities, analyses the technical and economic barriers that limit their effective utilizatio…
Germany Needs a National Stability Pact
2003
In many publications1, Horst Siebert has recommended that national fiscal policies within European Monetary Union be subjected to certain conditions in order to lay the foundation for a stable currency. Provisions to this effect have been laid down in Art. 104 of the EC Treaty and the European Stability and Growth Pact. The first “acid test”, however, has cast doubt on whether these provisions are sufficient to ensure sustainable solid public-sector finance in the member countries.