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Image header Agence Europe
Europe Daily Bulletin No. 11137
Contents Publication in full By article 12 / 13
ECONOMY - FINANCE / (ae) economy

Paris wants to make use of all flexibility in Stability Pact

Brussels, 21/08/2014 (Agence Europe) - As economic stagnation is preventing France from complying with its budgetary commitments, the French President, François Hollande, has repeated his call for all of the flexibility in the Stability and Growth Pact to be applied.

“I am not asking for the rules to be changed, but for the rules to be applied with all of the flexibility provided for by the treaties in the event of exceptional circumstances. We are in this situation”, he said in an...