No agreement was reached over reforming the Stability and Growth pact at a meeting of finance ministers that dragged on late into Thursday (17 February) morning.
However, ministers were still relatively upbeat, with Luxembourg's Prime Minister Jean-Claude Juncker claiming "great progress"
And one of the more hardline ministers, Austria's Karl-Heinz Grasser, said he was "ready for compromise" and said Austria has "abandoned its extreme position".
Despite this, the debate w...
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