Germany's obligations under the stability pact, the rules governing the euro, are to be included in its constitution, following an agreement on Sunday (12 December).
These planned reforms, which have to be approved by parliament, would see Germany's states pay a part of any fines received under the stability pact.
A fine is the ultimate punishment meted out under the pact for failure to adhere to its rules of maintaining a budget deficit of below three percent of GDP.
German...
Back our independent journalism by becoming a supporting member
Already a member? Login here