ECB hits out at France and Germany

The European Central Bank called for "complete compliance" with the EU's stability and growth pact in its monthly report released on Thursday 9 October. The ECB said the pact was vital to success of the single European currency, the euro. The ECB report came a day after the European Commission gave France a formal warning that its national budget was in breach of eurozone financial rules.

Source: Expatica

In a slap at Germany and France, the European Central Bank (ECB) Thursday issued a demand

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