Bundesbank urges Brussels to 'reactivate' pact

The Bundesbank urged the European Commission in Brussels Tuesday to "reactivate" the European Stability and Growth Pact in its current form, following a landmark ruling on the EU's strict budget rules by the European Court of Justice.

Click here to read the Bundesbank's statement on its web site

"It is now up to the Commission to put forward new recommendations so that the pact in its current form can be reactivated," the German central bank said in a statement.

"We continue to be of the opinio

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: