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The so-called preventative arm of the rules to be strengthened (Photo: EUobserver)

Optimism grows for early agreement on euro rule reform

Finance ministers are set to make "good progress" on agreeing on how best to reform the rules governing the euro at a meeting on Monday (17 January), according to Commission sources.

Monday's meeting will be the third time ministers have met to discuss ways of changing the beleaguered Stability and Growth Pact - which is supposed to prevent euro members running budget deficits over three percent.

There were informal discussions in the Netherlands last September and further discu...

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The so-called preventative arm of the rules to be strengthened (Photo: EUobserver)

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