This WEEK in the European Union

Next week two important events will hog the centre stage in the European Union.

At the beginning of the week, it will be the meeting of the EU finance ministers that the media spotlight will be on as the ministers are set to decide on whether to take action against Germany for breaching the rules underpinning the euro - known as the stability and growth pact.

If the matter is put to a vote, as expected, Germany and France - which is in the same budgetary boat as Berlin - should be...