El control democrático y la rendición de cuentas en el Pacto de Estabilidad y Crecimiento

Abstract

The Stability and Growth pact (SGP) was created to effectively guarantee the budgetary discipline within the EU Member states in general and within the European Monetary Union (EMU) participants in particular. The economic and financial crisis motivated an amendment upon the SGP by means of a set of normative acts of different kinds whose result has led to a closer coordination and supervision of state economic policies by the EU institutions. The complexity of rules and its application procedures result in a lack of transparency that affect its accountability. Besides national parliaments have had the exercise of their budgetary power limited and that constrainement has not been offset with the improvement of the European Parliament situation since after the SGP amendment, its relative position within the interinstitutional relationships had been worsened.

Keywords

• economic governance
• democratic control
• economic and monetary union
• stability and growth pact