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Schauble wants to freeze EU funds for breaking deficit rules

01.08.11 @ 09:00

  1. By Lisbeth Kirk
  2. Lisbeth email

German finance minister Wolfgang Schauble has called on the EU to freeze subsidies for states that break the rules on budget deficits. In an interview published by Frankfurter Allgemeine Zeitung he also suggested citizens to elect the European president, who is currently appointed by member states.

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