Euro rules to be bent for new member states

Brussels is poised to allow acceding countries to bend some of the EU's economic rules to ease their transition to the EU.

The move will allow economic breathing space for the 10 countries joining the EU next month although it will not make it any easier for them to join the euro.

The Commissioner for economic affairs, Pedro Solbes, today announced in the European Parliament, "we might perhaps allow a multi-an...