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Both sides claim victory in euro pact ruling

The principal actors on either side of the landmark court ruling on Tuesday (13 July) rushed to place their interpretation on the decision with both sides claiming they have come out on top.

On the face of it, the Luxembourg-based Court handed down a clear victory for Brussels by annulling the decision of finance ministers to suspend a disciplinary procedure against France and Germany for repeatedly breaching the EU's budget deficit limits.

And the Commission was quick to welcom...

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