six-pack

What is six-pack?

six-pack definition and meaning on Finance terms:
Five regulations and one directive that entered into force on 13 December 2011 to strengthen the Stability and Growth Pact. The four fiscally-related legislative acts are aimed at strengthening budgetary surveillance and coordination of economic policies, speeding up and clarifying the implementation of the excessive deficit procedure, and ensuring the effective enforcement of budgetary surveillance in the euro area and the requirements for the fiscal frameworks of the Member States. The two macroeconomic-related legislative acts are aimed at preventing and correcting macroeconomic imbalances and at allowing enforcement action to correct excessive macroeconomic imbalances in the euro area. See also
excessive deficit procedure (EDP)<

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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