Germany and Portugal do not get early warning
Eurozone Finance Ministers reached a compromise allowing Germany and Portugal to escape a formal warning over their growing budget deficits. But even though the Council did not take up the Commission's call for warnings, the debate on the need for a review of the EU's stability and growth pact is not over yet.
Eurozone Finance Ministers reached a compromise allowing Germany and Portugal to escape a formal warning over their growing budget deficits. But even though the Council did not take up the Commission’s call for warnings, the debate on the need for a review of the EU’s stability and growth pact is not over yet.
