Brussels, 05/07/2016 (Agence Europe) - Caught between supporters of strict application of the Stability and Growth Pact rules and supporters of 'smart' application of the European budget rules, the European Commission is seeking a solution to keep everybody - or nobody - happy in terms of the budget situation in Spain and Portugal.
Lisbon and Madrid have strongly diverged from the recommended budget trajectory (EUROPE 11586), and the Commission cannot fail to recognise that the two...