Eichel says EU 3% deficit limit to stay in revamp

German Finance Minister Hans Eichel said Monday 17 January that planned changes to European Union rules that limit budget deficits and debt levels in the euro region won't alter the two existing numerical thresholds.

``What we will not change is the Maastricht Treaty's wording, especially not the wording on the 3 percent of gross domestic product on deficits and 60 percent of GDP on debt,'' Eichel told reporters in Berlin.

Speaking before a meeting in Brussels on Monday evening, he said a deba

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: