Within the euro zone, who controls member states' fiscal policies?

Name: Within the euro zone, who controls member states' fiscal policies?
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Question

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Each member state controls their own fiscal policy within the euro zone. However, they must adhere to certain rules and guidelines set forth by the European Union, such as the Stability and Growth Pact, which places caps on budget deficits and debt levels. There is no single entity or country in control of all member states' fiscal policies.

Within the Euro Zone, Who Controls Member States' Fiscal Policies