Brussels, 04/07/2013 (Agence Europe) - In a letter to finance ministers, Euro Commissioner Olli Rehn has explained how the flexibility under the stability and growthp will operate when it comes to the position on the balance sheet of national public investment backed by EU funding (see EUROPE 10880).
Flexibility will be possible if the following criteria are met: 1) the country in question is not subject to excessive deficit proceedings and is in recession or with growth at well-below its...