@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...
2. 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...