14/05/2013 (Agence Europe) - Second update of Stability and Growth Pact endorsed. On Monday 13 May, the Council of Ministers formally approved the two-pack legislation to adjust the Stability and Growth Pact for the second time (see EUROPE 10804). From this October onwards, the 17 eurozone nations will provide the European Commission each year with their draft budget for the following year. The Commission will be able to require that a country changes it budget plans if the Commission feels...