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Europe Daily Bulletin No. 10542

31 January 2012
EUROPEAN COUNCIL / (ae) euro
25 endorse fiscal compact after Czech refusal

Brussels, 31/01/2012 (Agence Europe) - European leaders have put the final touches to two draft treaties, one strengthening budgetary discipline and the other establishing a permanent European rescue fund, the European Stability Mechanism (ESM). Their meeting took place on Monday 30 January as a general strike denouncing austerity measures brought Belgium to a standstill. The Czech Republic refused to sign up to the budgetary pact, known as the fiscal compact.

European Council President...

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