Summary
EUROPEAN Union finance ministers struggled yesterday with plans to reform rules underpinning the stability of the euro, debating ideas that go some way toward meeting German and French demands for room to spend their way out of economic downturns.
Negotiations to reform the euro's battered "Stability and Growth Pact" - while retaining its key requirement that a eurozone nation's annual budget deficit cannot exceed 3-per cent - have been deadlocked for months.See the full content of this document
Extract
Eu Finance Ministers Debate Euro Stability
Officials reported no consensus last night a...
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