EU economy commissioner Joaquin Almunia will this week name the first group of states to receive disciplinary action by Brussels for breaching the rules underpinning the euro.
Ahead of Wednesday's (18 January) move, the commissioner insisted that member states adhere to the Stability and Growth Pact, which requires that countries keep their budget deficits below three percent of GDP.
"The rules were established for everybody and must be respected," he said before a debate in the ...
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