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Almunia: budget deal within months

The European Commission hopes to reach an agreement on reforming the euro stability and growth pact within the next few months.

"I am optimistic that the agreement will be reached before the European Council, taking place in mid-March", monetary affairs commissioner Joaquin Almunia said in an interview with French newspaper Le Figaro.

According to the Commissioner, the next finance ministers meeting at the end of this month will be decisive.

The Commission has made a compr...

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