Concerns rise over eurozone fiscal treaty

Article reports that after an initial burst of enthusiasm from Europe’s leaders that a just-signed fiscal discipline treaty would be the first step towards a eurozone economic union, the pact has hit political headwinds, raising concerns that support is thin and ratification could fail in several countries.

Article highlight possible difficulties in ratifying the agreement in France, Germany, Ireland and The Netherlands.

EurActiv, 16.3.12: Fiscal compact buffeted by political crosswinds http://www.euractiv.com/euro-finance/fiscal-compact-buffeted-politica-news-511537

EUObserver, 19.3.12: Hollande 'not alone' in bid to re-open fiscal treaty http://euobserver.com/843/115625

ESO: Background information: EU leaders sign new fiscal treaty http://www.europeansources.info/record/eu-leaders-sign-new-fiscal-treaty/

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