Brussels, 12/03/2011 (Agence Europe) - On Saturday 12 March during the summit on the euro area in Brussels, European leaders agreed in principle on the “Pact for the Euro” whereby they undertake to take measures aimed at strengthening the competitiveness of their economies. Euro area countries also agreed to step up the effective lending capacity of their financial bail-out funds and cut the rate of interest of European loans granted to Greece as part of the rescue plan. The new Irish...