Sentence examples for common fiscal policy from inspiring English sources

"Eventually, you come to the point where a common euro area requires a common fiscal policy".

The bloc has neither a common fiscal policy nor a consensus on how best to balance stability and growth.

Despite what is often said, no economic law dictates that a common currency must have a common fiscal policy.

Not a single currency in the world that can cope without common fiscal policy, banking union, and the current treaties don't allow it.

Everyone now recognizes that a single currency zone without a common fiscal policy invites the kind of crisis we have all been experiencing.

For members of the eurozone, that alternative may lie in accelerating steps towards a common fiscal policy and a political union leading ultimately to a united states of Europe.

The lack of common fiscal policies for the bloc meant built-in instability for the euro, but years without a major recession covered it up.

The 17 countries that use the euro do not have common fiscal policies or political leadership, and have widely varying levels of development.

Last Thursday, Wolfgang Schäuble, the German finance minister, told the newspaper Bild that he would like to see the European Union's treaty revised — an arduous process — to enable the union to make common fiscal policies.

Either a large part of the Continent will move much closer to a federal government, with common fiscal policies and a substantial loss of sovereignty for many nations, or it will spin apart, with possibly severe economic and financial consequences.

While arguing that a common currency cannot function without common fiscal policies, the ECB is playing a much more overtly political role than it did before the crisis when, on the model of Germany's Bundesbank, it restricted itself to monetary policy-making, inflation-fighting, and jealously guarded its independence.