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http://hdl.handle.net/2078.1/166221

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Belgium faced with the budget golden rule — The incorporation of Article 3 (1) of the Treaty on Stability, Cooperation and Governance into the Belgian legal system

Abstract

On 2 March 2012, twenty-five Member States of the European Union, meeting at a summit in Brussels, signed the Treaty on Stability, Cooperation and Governance in Economic and Monetary Union. This instrument, which was forced by the Czech and British vetos to adopt in the form of a simple intergovernmental treaty, must complete the supranational work started in 2009 in order to restore fiscal and budgetary discipline within the euro area and prevent future crises.

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