Stability pact showdown expected

A showdown may be in the offing regarding the EU's stability and growth pact. The EU summit in Brussels next week is expected to discuss reform of the 25-nation bloc's fiscal rules.

In an interview with the German business daily Handelsblatt on Friday, Austrian Chancellor Wolfgang Schuessel insisted that the stability pact continue to be applied to the letter.

However, another daily Sueddeutsche Zeitung said that five big member states, namely Germany, France, Italy, Spain and Britain, had reac

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: