Ultimately, it is crucial to understand that fiscal rules are in the interest of everyone. Then, it will also be much easier for Member States to follow the rules, as it will be understood and accepted that it is in their very own interest and also in the interest of the euro area as a whole to do so.
6  BIS Review 22/2004  IV. Raising the EU’s growth potential: the Lisbon strategy  The EU’s macroeconomic framework, notwithstanding current fiscal problems, has delivered price stability. But to what extent has it been effective in delivering economic growth? There is no doubt that the EU currently suffers a growth deficit, at least when compared to “the other big economy”, the United States.