The stability and growth pact is now too full of holes to be a binding constraint on fiscal policy.

稳定与增长协定现在已是千疮百孔，不足以成为财政政策的强制约束力。

youdao

Denunciations of France and Germany for their past willingness to ignore the EU fiscal rules laid down by the misleadingly-named Stability and Growth Pact will be less common.

名称会误导人的《稳定与增长公约》规定了一些欧盟财政规则。法国和德国过去愿意忽视这些规则，因此受到谴责。

youdao

In the meantime a set of fiscal rules-the stability and growth pact, which put a cap on budget deficits and public debt-would take the place of a central system of revenue sharing.

同时，一套财政规则将会取代收益分成的中央系统，这套规则是一种稳定与增长协定，为预算赤字和公债规定一个上限。

youdao

His call to reopen the fiscal pact looks like a licence for fiscal sin.

ECONOMIST: Charlemagne

He signed up to the fiscal pact, disavowing an electoral pledge to change it.

WSJ: France, Germany Face Relationship Test

So the expectation is for some kind of growth pact to be attached to the fiscal pact.

BBC: Growth versus austerity