Stability Pact rule changes ruledout: Solbes

Pedro Solbes said Wednesday 18 February that the current terms of the stability and growth pact will be maintained, ruling out any changes to the EU's much criticised budget rules.

"We have reached common agreement that there is no scope and no reason to modify any aspects of the treaty," European Economic Affairs Commissioner Pedro Solbes said after talks on ways to improve economic management in the EU.

"Excessive deficits have to be avoided, cyclically adjusted budget deficits and the path t

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: