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EN
The aim of the paper is the tentative assessment of the functioning of the fiscal rules in Europe during the economic and financial crisis. The crisis has revealed all shortcomings of the Maastricht Treaty provisions on the coordination of macroeconomic policies and surveillance of budgetary policies and the Stability and Growth Pact. Recently the European Union intends to strengthen the rules and the stabilization mechanisms at EU level. It reminds to be seen whether the proposed solutions will be adopted.
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