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Euro Stability Pact in trouble

A number of larger EU states are facing growing difficulties in living up to the demands of the EU Stability and Growth Pact, which entered into force in 1999 to support the strength and the confidence in the new single currency, the Euro.\nNot only a small state like Portugal but also the biggest EU states such as Germany, France and Italy are all facing severe problems in relation to the Pact and pressures to change it might become very strong in the autumn, after the German election on 22....

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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