European central banks call for respect on Pact

Central bankers from Poland, Hungary and the Czech Republic have called on euro-zone countries to respect the stability and growth pact fearing that growing demands for flexibility could undermine their own countries' efforts to join the euro.

Source: Financial Times

Central bankers in Poland, Hungary and the Czech Republic have urged euro-zone states to stick to the European Union's budget deficit rules amid fears the growing demands for more flexibility could undermine their countries' effort