Stability and Growth Pactとは 意味・読み方・使い方

Monetary policy issues were discussed and the EU side presented the developments in the fiscal policy area, outlining the recent proposals for strengthening the implementation of the Stability and Growth Pact.発音を聞く 例文帳に追加

金融政策について議論され、ＥＵ側は、安定成長協定の履行を強化するために最近なされた提案の概要について説明し、財政政策の分野における進展について説明した。 - 財務省

Investors did not pay sufficient attention to the disparities in the competitiveness and soundness of public finance among euro-zone countries, because to the euro-zone investors there was no exchange rate risk in the intra-regional transactions due to the euro being ubiquitously used in the euro zone, and governance in the public sector was also considered to be equally stable among the member countries under the Stability and Growth Pact.発音を聞く 例文帳に追加

ユーロ圏の投資家にとっては、ユーロ圏内はどこでもユーロが使われているため為替リスクが存在せず、安定成長協定によってどの国のガバナンスも同じように安定していると見なされ、国ごとの競争力や財政の健全性の格差に十分な注意が払われていなかった。 - 財務省

At the time when the euro was introduced, I myself had concerns regarding the euro zone. In the euro zone, where member authorities cannot adjust exchange rates, their fiscal policy is constrained by the Stability and Growth Pact, an option of fiscal transfer across national borders is excluded, and single monetary policy makes impossible the country-specific responses, even in a situation where member countries experience different economic climates, I worried that there would be a problem that a single monetary policy decision could be too tightening for some countries in recession while being too loosening for others in boom.発音を聞く 例文帳に追加

ユーロ発足時、私自身は、景気の状況が各国で異なる場合に、為替による調整はできず、安定成長協定で各国の財政政策には制約があり、国境をまたいだ財政の移転はできず、金融政策は一つに統一されて国別の対応が出来ないユーロ圏では、一つの金融政策が不況の国にとっては緊縮的にすぎる一方、好況の国にとっては緩和的にすぎるといった問題がいずれ顕在化するのではないかと懸念していた。 - 財務省