HistoPol ,
@HistoPol@mastodon.social avatar

@GhostOnTheHalfShell @economics-that-works

#Economics #PublicFinances
#US #EU #ConvergenceCriteria

(2/n)

...of the planned or actual government deficit to GDP exceeds a reference value (defined in the Protocol on the excessive deficit procedure as 👉3% of GD👈), unless...

  1. the ratio of government debt to GDP exceeds a reference value (defined in the Protocol on the excessive deficit procedure as 👉60% of GDP👈),..."

I'm quite positive that there are a lot of student exchanges b/w...

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