EU ministers back harder line on fiscal rules

The first meeting of the Task Force established by the March 2010 European Council on improved crisis resolution and better budgetary discipline in the EU was held in Brussels on 21 May 2010.

The Task Force consisted of representatives of all 27 EU Member States - mostly Ministers of Finance - plus the European Commissioner for Economic and Financial Affairs, President Trichet from the European Central Bank, Prime-Minister Juncker from the Eurogroup and Herman Van Rompuy, President of the European Council.

Deutsche Welle, 21.5.10: European finance ministers outline goals to avert economic crisis http://www.dw-world.de/dw/article/0,,5598152,00.html

European Council: Press Release, PCE/10/101: Remarks by Herman Van Rompuy, President of the European Council, following the first meeting of the Task force on economic governance http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ec/114606.pdf

France24, 21.5.10: EU agrees on coordinated action, financial sanctions http://www.france24.com/en/20100521-euro-zone-coordianted-action-financial-sanctions-finance

EurActiv, 21.5.10: Paris, Berlin struggle for unity ahead of EU meeting http://www.euractiv.com/euro/paris-berlin-struggle-for-unity-ahead-of-eu-meeting-news-494405

EurActiv, 25.5.10: Germany gives green light to Greece rescue package http://www.euractiv.com/euro-finance/germany-gives-green-light-greece-news-494456

---