Eurosphere roundup: “The sanctions on excessively high budget deficits are to be suspended…
MAIN FOCUS: EU wants to give deficit sinners more time | 30/05/2013 The EU Commission wants to give six euro countries more time to reduce their debts, allowing them to introduce growth-stimulating reforms. The sanctions on excessively high budget deficits are to be suspended, Monetary Affairs Commissioner Olli Rehn announced on Wednesday. Some commentators welcome … Read more