The in-coming EU Presidency, Ireland, has indicated that it is not likely to reform the battered euro rules - known as the Stability and Growth Pact.
Introducing the Presidency, which will begin on 1 January, Irish Foreign Minister Brian Cowen said: "In our views, the rules contain an inherent flexibility and it's appropriate that this flexibility be applied with common sense and consistency".
He said that the rules had be...
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