The European Commission will decide next week whether to initiate legal action against EU member states over the euro rules.
According to a legal opinion unveiled today by Commission lawyers, EU finance ministers acted illegally when they voted to prevent disciplinary measures being taken against France and Germany last November.
Announcing the legal findings, Economics and Monetary Affairs Commissioner Pedro Solbes said that the decision in November was "outside the spirit and ...
Back our independent journalism by becoming a supporting member
Already a member? Login here