Brussels, 20/02/2013 (Agence Europe) - On Tuesday 12 March 2013, the European Parliament officially endorsed the “two-pack” of legislation (two regulations) amending the Stability and Growth Pact for eurozone nations after more than a year of inter-institutional negotiation (see EUROPE 10790). The rules come into force this year for the preparation of member states' draft budgets for 2014.
“With the approval of these two new regulations the European Union now finally has all the tools...