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Bundestag: The Berlin-pushed treaty is due to come into force when 12 of the 17 eurozone countries ratify it (Photo: BriYYZ)

EU countries ink legal procedures for new treaty

EU leaders have signed a text designed to stop any prevaricating when it comes to member states taking one another to court for not implementing a rule on balanced budgets - the cornerstone of the newly-signed fiscal discipline treaty.

The short annex to the treaty - given the go ahead at last week's European summit - is supposed to pre-empt any rather-you-than-me feet-shuffling when it comes to national governments taking legal action against their peers by depoliticising the process.<...

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Bundestag: The Berlin-pushed treaty is due to come into force when 12 of the 17 eurozone countries ratify it (Photo: BriYYZ)

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