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Europe Daily Bulletin No. 10539

26 January 2012
ECONOMY - FINANCE - BUSINESS / (ae) economy
Council could invite countries to ask for aid

Brussels, 25/01/2012 (Agence Europe) - On Tuesday 24 January, the Ecofin Council held an initial debate on two draft regulations supplementing the Stability and Growth Pact, an updated version of which came into force last month (see EUROPE 10500).

Most European finance ministers say that the Ecofin Council should be authorised to decide by a qualified majority to recommend that a member state request international financial aid from the European Stability Mechanism (ESM) to prevent any...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICY
EXTERNAL ACTION
COUNCIL OF EUROPE