(2)The Stability and Growth Pact is based on the objective of sound government finances as a means of strengthening the conditions for price stability and for strong, sustainable and inclusive growth underpinned by financial stability, thereby supporting the achievement of the Unions’s objectives for sustainable growth and employment. The Stability and Growth Pact includes Council Regulation (EC) No 1467/97note, which was adopted in order to further the prompt correction of excessive general government deficits.