07/03/2005 (Agence Europe) - The Party of European Socialists is in favour of a flexible approach to the Stability and Growth Pact, notably in an effort to promote public investment in “hard times”, asserted PES president Poul Nyrup Rasmussen MEP. The former Danish prime minister said in a press release that the current rules were strangling possibilities for investing in countries like Germany at a time when the country and Europe needed it most. Rasmussen stated that they did not...