The European Commission on Tuesday (14 December) said that "no further steps" are necessary against France and Germany for breaking the economic rules underpinning the euro.
Economics and monetary affairs commissioner Joaquin Almunia told reporters, "given the actions taken by France and Germany, it would appear that no further steps are required at this point".
France and Germany have for three years been in breach of the EU's "stability and growth pact", which forbids Member S...
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