Luxembourg/Brussels, 16/10/2013 (Agence Europe) - Despite the reluctance of some member states, the European Commission is sticking to its July 2013 interpretation of the rules of the preventative arm of the Stability and Growth Pact that allow a degree of flexibility in interpreting public investment backed by EU funding.
The member states were divided on this question at the ECOFIN Council of Tuesday 15 October. Northern countries dislike the idea, whereas southern and eastern countries...