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Europe Daily Bulletin No. 10514

13 December 2011
SOVEREIGN DEBT CRISIS / (ae) economy
Financial penalties for excess deficits

Brussels, 12/12/2011 (Agence Europe) - At a press conference in Brussels on Monday 12 December 2011, EU Economic and Monetary Affairs Commissioner Olli Rehn said that the next day the legislation to boost economic governance in the EU came into force, and the “six-pack” of new laws would mark a sea-change in economic and budget surveillance in the 27 EU member states. He said he was planning to make use of the new tools from the very first day.

The five regulations and one directive...

Contents

A LOOK BEHIND THE NEWS
SOVEREIGN DEBT CRISIS
SECTORAL POLICY
EXTERNAL ACTION
INSTITUTIONAL
WEEKLY SUPPLEMENT