Court showdown over euro rules

The bitter dispute between the Commission and member states over the euro rules will resurface tomorrow (28 April) in the European Court of Justice in Luxembourg.

The row started last November when Brussels proposed that France and Germany be punished for repeated breaches of the so-called Stability Pact, which decrees that budgets deficits must be kept under three percent of GDP.

But Paris and Berlin garnered enough support amongst their colleagues to vote down the proposals, i...