MEPs and ministers are on the verge of agreement on far-reaching economic governance proposals for eurozone states, according to EU economic commissioner Olli Rehn.
The proposals give the commission more powers to scrutinise national budgets and demand changes to national debt and deficit reduction programmes.
Speaking with reporters after a meeting of euro finance ministers on Monday (11 February), Rehn said that "a positive conclusion … is within reach."
He added that the ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginBenjamin 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.
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.