EU Trade Commissioner Pascal Lamy has reignited the ongoing scrap over the Stability and Growth Pact - the strict set of laws governing the tax policies of Member States in the Eurozone.
The pact needs to be "modernised and whipped into shape", according to Mr Lamy, who was speaking at the Asia-Europe summit in the Chinese city of Dalian.
The pact requires the 12 countries that have adopted the euro as their currency to ...
Back our independent journalism by becoming a supporting member
Already a member? Login here