Is the Stability & Growth pact dead?

An episode of the Breakfast Business with Joe Lynam podcast, hosted by Newstalk, titled "Is the Stability & Growth pact dead?" was published on May 25, 2022 and runs 6 minutes.

May 25, 2022 ·6m · Breakfast Business with Joe Lynam

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Episode Description

It was established to reassure Germany in the run-up to creating the Euro in 1999. It’s been flouted by most member states of the Eurozone and its nickname was the ‘Stupidity’ pact which was the Growth and Stability pact. . But is the Growth & Stability pact defunct in light of pooled borrowing and bailouts? Benoit Lallemand from Finance Watch in Brussels joined Joe on the show this morning.

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