Legislative package of six texts (the ‘Six-Pack’) on economic governance (November 2011)

In November 2011, in reaction to the crisis and the weakness of the economic pillar of Economic and Monetary Union, the European Parliament and the Council of the EU adopt a series of six legislative texts (five regulations and a directive) to strengthen the coordination of economic policies and fiscal discipline. Two texts specifically concern the Member States in the euro area: they provide for an increased regime of sanctions at an early stage to prevent public deficits and macroeconomic imbalances.

Quelle und Copyright

Quelle: Journal officiel L 306 du 23 novembre 2011, p. 1.

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