Eurozone back to Stability Pact’s financial discipline

Eurozone back to Stability Pact’s financial discipline


Eurogroup opposes Prodi's views for relaxed fiscal discipline

The European Union member states once again put their faith back in the Stability Pact that has been the guiding force behind the evolving European Union fiscal policies and the final launch of the new common currency Euro on the world markets in the process of replacing the 12-nation currencies.
European Union finance ministers officially reprimanded Portugal for running up an excessive budgetary deficit in breach of Eurozone sta...


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