Sweden's Srejber on greater budgetary discipline

In the speech 'Greater budgetary discipline in the EU through transparency and national ownership' given on 26 September Eva Srejber of the Sveriges Riksbank said there have been some improvements in some member states since the Pact was reformed in March 2005.

"If they had a similar role to the Congressional Budget Office in the US, the bodies would ensure a reliable and unbiased "reality check" in times of fiscal profligacy.

"At best, the advisory bodies would create a continuous national

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