The Franco-German motor appears once again to be at full throttle, with a joint call for Europe’s stability pact – the economic framework governing the eurozone - to take more account of inflation and unemployment.
The initiative to "refine" the pact and make its strict focus on budget deficits more flexible, was presented yesterday to a meeting of the EU’s 15 Finance Ministers, the Ecofin Council, reports the Financial Times.
This was the first Ecofin meeting since European Commi...
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