Treaty on Stability, Coordination and Governance

E625510

European Union treaty fiscal compact intergovernmental treaty

The Treaty on Stability, Coordination and Governance is an intergovernmental agreement among Eurozone and some EU member states that strengthens fiscal discipline and economic policy coordination, notably through stricter budgetary rules and the so-called "fiscal compact."

Try in SPARQL Jump to: Surface forms Statements Referenced by

Observed surface forms (1)

Surface form	Occurrences
Treaty on Stability, Coordination and Governance in the Economic and Monetary Union	2

Statements (47)

Predicate	Object
instanceOf	European Union treaty ⓘ fiscal compact ⓘ intergovernmental treaty ⓘ
aimsTo	enhance economic policy coordination ⓘ improve governance of the Economic and Monetary Union ⓘ strengthen fiscal discipline ⓘ
alsoKnownAs	Fiscal Compact NERFINISHED ⓘ
appliesTo	Eurozone member states ⓘ
appliesToPolicyArea	budgetary surveillance ⓘ economic governance ⓘ fiscal policy ⓘ
buildsUpon	EU economic governance framework NERFINISHED ⓘ Stability and Growth Pact NERFINISHED ⓘ
containsProvision	automatic correction mechanism for budgetary deviations ⓘ balanced budget rule ⓘ coordination of economic policies ⓘ enhanced surveillance of national budgets ⓘ provisions on economic governance of the euro area ⓘ stricter budgetary rules ⓘ
context	European sovereign debt crisis NERFINISHED ⓘ
establishes	binding fiscal constraints on participating states ⓘ
focusesOn	medium‑term budgetary objectives ⓘ structural budget balance ⓘ
goal	ensure long‑term sustainability of public finances in the EU ⓘ strengthen confidence in the euro ⓘ
hasComponent	economic policy coordination provisions ⓘ fiscal compact ⓘ governance provisions for the euro area ⓘ
hasOfficialName	Treaty on Stability, Coordination and Governance in the Economic and Monetary Union NERFINISHED ⓘ
hasSignatory	euro area EU member state ⓘ non‑euro area EU member state participating by choice ⓘ
involvesInstitution	Euro Summit NERFINISHED ⓘ European Commission NERFINISHED ⓘ European Council NERFINISHED ⓘ
isPartOf	EU economic governance reforms ⓘ
legalNature	intergovernmental agreement outside the EU treaties framework ⓘ
openTo	non‑euro area EU member states ⓘ
relatesTo	Economic and Monetary Union NERFINISHED ⓘ European Union fiscal rules ⓘ
requires	incorporation of balanced budget rule into national legal systems ⓘ preferably constitutional or equivalent legal status for fiscal rules ⓘ
seeksTo	increase credibility of fiscal policy in the euro area ⓘ prevent excessive government deficits ⓘ
shortName	TSCG NERFINISHED ⓘ
subjectOf	economic policy coordination in the European Union ⓘ fiscal discipline in the European Union ⓘ
typeOfRule	rules‑based fiscal framework ⓘ

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Euro Summit → hasLegalBasis → Treaty on Stability, Coordination and Governance ⓘ

this entity surface form: Treaty on Stability, Coordination and Governance in the Economic and Monetary Union

EU economic governance framework → reformedBy → Treaty on Stability, Coordination and Governance ⓘ

this entity surface form: Treaty on Stability, Coordination and Governance in the Economic and Monetary Union

Stability and Growth Pact → reformedBy → Treaty on Stability, Coordination and Governance ⓘ

Euro Summit → wasFormalizedBy → Treaty on Stability, Coordination and Governance ⓘ