stability pact

World English Dictionary
stability pact or stability and growth pact
 
n
an agreement between the member states of the EU which have joined the single currency, the aim of which is to secure the currency's stability by imposing fines on member states whose budget deficits exceed 3 per cent of their gross domestic product
 
stability and growth pact or stability and growth pact
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Explore Dictionary.com
Previous Definition: stability ball
Next Definition: stability-ball
Words Near: stability pact
More from Thesaurus.com
Synonyms and Antonyms for stability pact
More from Reference.com
Search for articles containing stability pact
More from Dictionary.com Translator
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature