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Europe Daily Bulletin No. 11553

19 May 2016
ECONOMY - FINANCE / (ae) economy
Commission shows Spain and Portugal some leniency

Brussels, 18/05/2016 (Agence Europe) - Presenting its socio-economic policy recommendations to all member states except Greece, on Wednesday 18 May, the European Commission said that it is too soon to impose sanctions on Spain and Portugal, which will not achieve the budgetary objectives previously laid down, opening itself up to the risk of being accused of excessive indulgence in its political interpretation of the rules of the Stability and Growth Pact.

The emphasis must be laid on...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
INSTITUTIONAL
EXTERNAL ACTION
NEWS BRIEFS