Stability pact deal set for DIY list of excuses

Author (Person)
Series Title
Series Details 17.3.05
Publication Date 17/03/2005
Content Type

Jean-Claude Juncker, Prime Minister of Luxembourg (currently holder of the rotating presidency of the European Union) has proposed a flexible approach to breaches of the Stability Pact whereby a Member State could prepare a set of 'relevant factors' explaining which it should be allowed to breach the Pact's deficit limit of 3% of GDP.

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Countries / Regions