Good fiscal management has produced a tight fiscal stance centred on assuring a fiscal deficit of no more than 2% of GDP in 2004.
The voice of old politics counsels a tough budget, higher taxes and a tight fiscal stance.
They can pump up markets in pursuit of votes, opting for a loose fiscal stance.
The fiscal stance is broadly unchanged from that in April's budget.
An EU official in the capital said the president deserved much credit for his fiscal stance.
"The fiscal stance [the strategy to cut Britain's record peacetime budget deficit] remains appropriate.
For me, however, the real "tell" is this sentence: In Germany, the fiscal stance is now broadly neutral, hence consistent with the call for a differentiated fiscal stance according to the budgetary space.
The IMF argues that movements in the CAPB can give a misleading impression about changes in a country's fiscal stance.
A monitoring arrangement with the IMF will help maintain an orthodox fiscal stance and encourage improvements to the business environment.
"The fiscal stance [the strategy to cut Britain's record peacetime budget deficit] remains appropriate", the OECD said.
remains staunchly behind Osborne's policies, and, in a statement released yesterday, the O.E.C.D. said the U.K.'s "fiscal stance remains appropriate".
