Wellink: EU 'budget sinners' need sanctions

In an interview to be published, Dutch central bank chief Nout Wellink said sanctions could be imposed against countries whose public deficits exceed agreed limits under the Stability and Growth Pact. "Penalties are part of the system we've all signed up to," Wellink said.

Source: AFP

The president of the Dutch central bank, Nout Wellink, is calling for financial penalties to be imposed against Germany and France if their public deficits breach EU limits again next year.

In an interview to be p

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