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Europe Daily Bulletin No. 11104

20 June 2014
ECONOMY - FINANCE - BUSINESS / (ae) economy
Tension over easing of stability and growth pact defused

Luxembourg, 19/06/2014 (Agence Europe) - Several EU18 finance ministers stifled any possibility of easing the stability and growth pact (SGP) rules in order to boost economic growth upon their arrival at the Eurogroup meeting on Thursday 19 June.

German Finance Minister Wolfgang Schäuble said there was no need to change the SGP because it was already sufficiently flexible to enable member states to stimulate economic growth. He said that international experts were in agreement that a...

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