Sixpack (EU law)

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Within the framework of EU economic governance, Sixpack describes a set of European legislative measures to reform the Stability and Growth Pact and introduces greater macroeconomic surveillance, in response to the European debt crisis of 2009. These measures were bundled into a "six pack" of regulations, introduced in September 2010 in two versions respectively by the European Commission and a European Council task force. In March 2011, the ECOFIN council reached a preliminary agreement for the content of the Sixpack with the commission, and negotiations for endorsement by the European Parliament then started.^[1] Ultimately it entered into force 13 December 2011, after one year of preceding negotiations.^[2][3] The six regulations aim at strengthening the procedures to reduce public deficits and address macroeconomic imbalances.