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Europe Daily Bulletin No. 10531

14 January 2012
ECONOMY - FINANCE / (ae) euro
Agreement on budget pact in sight

Brussels, 13/01/2012 (Agence Europe) - Agreement in principle among the 26 EU member states is emerging over the draft treaty on stability, coordination and governance in the economic and monetary area (otherwise known as the budget pact - see EUROPE 10529). Various budget measures and the exact nature of the European Commission's powers remain to be decided. The ECOFIN Council of Tuesday 24 January will be asked to take a stand on the new draft deal ahead of agreement in principle by heads...

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