Brussels, 18/12/2014 (Agence Europe) - After the agreement reached between the institutions of the EU on the amending budgets for 2014 and the 2015 budget, European Parliament President Martin Schulz told the European Council on Thursday 18 December that the EU “is in danger of running up a structural deficit”.
“We are trapped in quite a Kafkaesque situation”, he said. The EU is not allowed to go into debt, but is running up a structural deficit. “If the EU was a state, the...