BRUSSELS (Reuters) – The European Union agreed in principle on Thursday to back calls by Germany and France for limited changes to the bloc’s main treaty to shore up Europe’s defences against any new financial crises, EU diplomats said. European Union flags are seen outside the European Commission headquarters in Brussels November 27, 2009. (REUTERS/Yves Herman/Files) At a summit, EU leaders also endorsed a new set of tougher budget rules that had already been agreed by the bloc’s finance ministers, including sanctions on states that fail to keep deficits and debt in check, the envoys said. Final approval of…
The rest is here:
EU leaders back treaty change to ward off crises