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Europe Daily Bulletin No. 10513

10 December 2011
EUROPEAN COUNCIL / (ae) economy
Intergovernmental treaty to enshrine budget discipline and anti-crisis measures

Brussels, 09/12/2011 (Agence Europe) - At the end of their 16th meeting since the start of the eurozone debt crisis at the end of 2009 and after 10 hours of intense negotiations, the European Union's leaders agreed in the morning of Friday 9 December on a new budget agreement to introduce tighter control of national budgets (the golden rule and quasi-automatic penalties) and limited changes to the European Stability Mechanism (ESM) that will now be backed by the European Central Bank...

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A LOOK BEHIND THE NEWS
EUROPEAN COUNCIL
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
EXTERNAL ACTION
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