The fiscal compact would be fine if all countries in the euro area were at the same
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The fiscal compact would be fine if all countries in the euro area were at the same stage in the economic cycle and it was designed to act as a deterrent for profligacy in the future. As a means of solving the debt crisis in Europe it is doomed to fail. To what extent would you agree with this statement?
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Answer I would agree with the statement to a certain extent The fiscal compact which aims to introdu...View the full answer
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