Brussels, 05/12/2012 (Agence Europe) - Cypriot finance minister Vassos Shiarly said after the ECOFIN Council on Tuesday 4 December that agreement was very close on the “two-pack” update of the Stability and Growth Pact. This two-pack of new rules would require member states to subject their draft budget for the following year to the European Commission in the second fortnight of October so that the Commission can request changes it feels are necessary to meet the country's budget...