The stability pact of 1997 was designed to _____ among member nations in the European monetary union.

Question

Quizplus · Accepted Answer

The Stability and Growth Pact (SGP) of 1997 was established to ensure fiscal discipline within the European Union, particularly among countries using the euro. Its main goal was to control fiscal policies, specifically by limiting government deficit and debt levels, rather than directly influencing interest rates, money supply, or exchange rates.

The Stability Pact of 1997 Was Designed to _____ Among