EU lawmakers reached a deal on tightening the eurozone's economic governance rules on Wednesday (20 February), after MEPs conceded defeat on the swift creation of a fund to pool sovereign debt.
The deal, which has to be signed off by governments before a final vote in Parliament next month, tightens the EU-level scrutiny of national budgets.
Eurozone countries will now be required to submit their budget plans to the European Commission and euro finance ministers to ensure that t...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.