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New letter set to reopen wounds on euro rules

A joint letter signed by the leaders of Spain, the Netherlands, Italy, Portugal, Poland and Estonia has called for the rules underpinning the euro to be maintained.

The letter may reopen old wounds over this issue, as some countries are in favour of reforming the rules - known in EU jargon as the Stability and Growth Pact.

The leaders write, "The Stability and Growth Pact is an essential element of economic ...

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