Law-ref.org TREATY ESTABLISHING A CONSTITUTION FOR EUROPE
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budgetary discipline [Global Index]


ARTICLE-I-53: Budgetary and financial principles     [go to this ARTICLE]
... With a view to maintaining budgetary discipline, the Union shall not adopt any act which is likely to have appreciable implications for the budget without providing an assurance that the expenditure arising from such an act is capable of being financed within the limit of the Union's own resources and in compliance with the multiannual financial framework referred to in Article I-55. ...


... The Commission shall monitor the development of the budgetary situation and of the stock of government debt in the Member States in order to identify gross errors. In particular it shall examine compliance with budgetary discipline on the basis of the following two criteria: ...


... to strengthen the coordination and surveillance of their budgetary discipline; ...