EU rejects Chirac call on stability pact

EU finance ministers have rejected calls from France for more flexibility in the stability and growth pact. Ireland's Minister for Finance Charlie McCreevy warned that, with Europe's biggest economies in breach of the pact, its credibility was coming into question.

Source: BizWorld

EU finance ministers have rejected calls from French President Jacques Chirac to make the controversial EU Growth and Stability Pact more flexible.

However, their attempt to maintain the Pact's integrity was undermi

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