Ad

Brussels to let Paris and Berlin off euro rule hook

The European Commission will tomorrow (14 December) suspend its disciplinary procedure against France and Germany because it believes they have taken sufficient measures to reduce their budget deficit, EU sources have confirmed.

Economics and monetary affairs Commissioner Joaquin Almunia will tomorrow present a Commission report into the deficit situations of France and Germany and sources have confirmed that Brussels is satisfied that they will get their deficits below the maximum perm...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Ad