What's New in the Current Framework?

A major change is that the current rules very much depend on unobserved variables, namely the so-called output gap. And this indicator almost completely disappears from the new setup. The other major change is the debt that you also mentioned, that the EU treaty says that the public debt to GDP ratio should be no more than 60% of GDP. But if it is more than that, it should diminish and approach that 60% at a satisfactory pace.