Six-Pack legislation

E625508

Six-Pack legislation is a set of European Union fiscal and economic governance reforms introduced after the eurozone crisis to strengthen budgetary discipline and surveillance of member states.

All labels observed (1)

Label Occurrences
Six-Pack legislation canonical 2

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf EU fiscal rules framework ⓘ
European Union economic governance reform package ⓘ
adoptedBy Council of the European Union ⓘ
European Parliament ⓘ
aimsTo reduce risk of future fiscal crises in the EU ⓘ
strengthen credibility of the euro area ⓘ
alsoKnownAs Six-Pack ⓘ
appliesTo European Union member states ⓘ
euro area member states ⓘ
basedOn Stability and Growth Pact ⓘ
composedOf five regulations ⓘ
one directive ⓘ
enteredIntoForceOn 2011-12-13 ⓘ
geographicalScope European Union ⓘ
hasPurpose enhancing economic policy coordination in the European Union ⓘ
improving surveillance of fiscal policies of member states ⓘ
preventing excessive government deficits ⓘ
reducing macroeconomic imbalances in the EU ⓘ
strengthening budgetary discipline in the European Union ⓘ
introducedAfter eurozone sovereign debt crisis ⓘ
global financial crisis of 2008 ⓘ
introduces earlier and more gradual sanctions for euro area countries ⓘ
expenditure benchmark in EU fiscal surveillance ⓘ
reverse qualified majority voting for certain sanctions in the Council ⓘ
legalBasisInvolves Treaty on the Functioning of the European Union ⓘ
modifies Stability and Growth Pact ⓘ
monitoredBy Council of the European Union ⓘ
European Commission ⓘ
partOf EU economic governance framework ⓘ
policyArea economic governance ⓘ
fiscal policy ⓘ
macroeconomic surveillance ⓘ
regulates budgetary frameworks of EU member states ⓘ
correction of excessive deficits ⓘ
prevention and correction of macroeconomic imbalances ⓘ
surveillance of budgetary positions of member states ⓘ
relatedTo Fiscal Compact ⓘ
Two-Pack legislation ⓘ
requires independent fiscal institutions at national level ⓘ
medium-term budgetary objectives for member states ⓘ
national fiscal rules consistent with EU obligations ⓘ
strengthens corrective arm of the Stability and Growth Pact ⓘ
preventive arm of the Stability and Growth Pact ⓘ
timePeriod post-2010 EU economic governance reforms ⓘ

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Stability and Growth Pact → reformedBy → Six-Pack legislation ⓘ
EU economic governance framework → reformedBy → Six-Pack legislation ⓘ