In this interview excerpt, Jean-Claude Juncker, Prime Minister of Luxembourg and President of the Eurogroup, explains the origins of the lack of coordination between the economic policies of the European states that are members of Economic and Monetary Union.
In this interview excerpt, Jean-Claude Juncker, Prime Minister of Luxembourg and President of the Eurogroup, discusses the circumstances surrounding the adoption of the Stability and Growth Pact in 1996.
In this interview excerpt, Jean-Claude Juncker, Prime Minister of Luxembourg and President of the Eurogroup, discusses the role he played in the negotiations on the Stability and Growth Pact, particularly his efforts to mediate between France and Germany.
In this interview excerpt, Jean-Claude Juncker, Prime Minister of Luxembourg and President of the Eurogroup, describes how the implementation of the Stability and Growth Pact developed from its adoption in 1997 until its reform in 2005. He also describes the changes that should be made to the Pact in the light of the global economic and financial crisis that has been unfolding since 2008, particularly to strengthen its preventive role.