Sentence examples for fiscal entry from inspiring English sources

Safely inside the euro area, and benefiting from the gift of lower funding costs on their debt, governments could drop the austerity they had pursued to meet the fiscal entry demands (notably the 3% of GDP budget-deficit limit) laid out in the stability and growth pact to which euro-zone countries signed up in 1997.The boom stored up all manner of trouble.

As a result, some countries had to use creative accounting to satisfy the fiscal criteria for entry — Greece, it's long been known, went so far as to falsify its debt and deficit numbers.

However, this is a period characterized by many factors, e.g., the pre-EMU entry fiscal consolidation efforts, a positive wealth effect associated with the overvaluation of the drachma upon entry, and the Olympic games.

And it's a sensible and direct solution for an industry without formalized barriers to entry or fiscal regulation.

People familiar with the Senate group said Mr. Obama's entry into the fiscal debate could upset the senators' fragile unity.

For Greece, they say, the Games are a kind of proving ground for a country that is newly intent on progress and that has already passed one big test: adopting the fiscal discipline that enabled its entry to the Euro zone.

The longest-serving comptroller in the city's history, he was a controversial fiscal watchdog who drew conspicuous entries on both sides of the performance ledger.

But that was before the financial crash knocked over Greece's fiscal house of cards and made its entry in the European Union's common currency look like one of recent history's gravest blunders.

I think most immigration experts and reliable economists would agree that Arizona's fiscal problems are not the result of unlawful entries.

The catalyst for this change: Greece's 2001 entry into the eurozone, which had imposed strict fiscal and monetary policies.

There is more substance to the second fear: that rewarding trouble-prone economies like Latvia with euro entry will shorten the odds of a euro-zone fiscal crisis.