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Regulation (EU) No 1174/2011 of the European Parliament and of the Council of 16 November 2011 on enforcement measures to correct excessive macroeconomic imbalances in the euro area article 1 CELEX: 32011R1174 Subject matter and scope
1. This Regulation lays down a system of sanctions for the effective correction of excessive macroeconomic imbalances in the euro area. 2. This Regulation shall apply to Member States whose currency is the euro. |