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Dombrovskis - "Room for improvement" in euro governance rules. (Photo: EPP)

EU to set out growth pact flexibility in new year

The European Commission will present guidelines in early 2015 explaining how much flexibility governments will be allowed to increase investment and still keep within the EU’s rules on government debt and deficit levels, the bloc’s eurozone commissioner told MEPs on Tuesday (16 December).

Addressing the European Parliament in Strasbourg, eurozone commissioner Valdis Dombrovskis said that the Commission would present a paper in early 2015 “on the appropriate use of flexibility within the...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Dombrovskis - "Room for improvement" in euro governance rules. (Photo: EPP)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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