EU leaders back treaty change to ward off crises

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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…

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EU leaders back treaty change to ward off crises

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Posted by on October 28, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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