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Germany, the EU's biggest country, has both the heft and the money to loosen budgetary policy.
This type of budgetary policy is penny-wise and pound-foolish — and ultimately deadly.
To be sure, it would be unwise to attribute all of this divergence in performance to budgetary policy.
This means that we also need a common budgetary policy, and we also need a political union".
He has strongly advised Ireland, as a euro-zone member, to adopt a much tighter budgetary policy.
For example, the Parliament gained veto power in most areas relating to economic integration and budgetary policy.
It employed all available means: budgetary policy, monetary policy, income policy and extensive privatisation of banks and public enterprises.
This is an important advantage for Europe — at least from the vantage point of promoting responsible budgetary policy.
The best budgetary policy is one with a high degree of stability and a clear sense of direction.
The Program's research focuses on specific areas, including electoral systems reform, comparative budgetary policy, and lobbying and campaign finance reform.
But the EU and all its works are not particularly popular there at the moment because of a recent reprimand from Brussels over Ireland's budgetary policy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com