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SGP stands for Stability and Growth Pact.

SGP 2.1: The number "2" refers to the big reform of 2011, while the decimal "1" suggest that this is comparatively minor.[1]

See also

Legal basis

  • Eur-Lex:12008E121, Consolidated version of the TFEU - Part Three, Title VIII, Chapter 1: Economic policy - Article 121 (ex Article 99 TEC)
  • Eur-Lex:12008E126, Consolidated version of the TFEU - Part Three, Title VIII, Chapter 1: Economic policy - Article 126 (ex Article 104 TEC)
  • Eur-Lex:32005R1055, Council Regulation (EC) No 1055/2005 of 27 June 2005 amending Regulation (EC) No 1466/97 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies
  • Eur-Lex:52015DC0012, Communication on Flexibility, short for Communication from the Commission to the European Parliament, the Council, the European Central Bank, the Economic and Social Committee, the Committee of the Regions and the European Investment Bank, Making the best use of the flexibility within the existing rules of the Stability and Growth Pact /* COM/2015/012 Final */
  • Eur-Lex:52020DC0123, Communication on the activation of the general escape clause of the Stability and Growth Pact

Related articles


  • 20 March 2020, IP/20/499, Coronavirus: Commission proposes to activate fiscal framework's general escape clause to respond to pandemic.

External links

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  1. Eurointelligence, There is talk about a stimulus - but don’t hold your breath, published on 28 August 2019, last retrieved on 10 September 2019.
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