Brussels, 13/10/2008 (Agence Europe) - Although the objective not to allow deficits to increase still stands, the Stability and Growth Pact (SGP) includes the necessary flexibility elements for assessing the pubic finances of member states in light of the current crisis (EUROPE 9756). On Monday 13 October, the spokesperson for Joaquin Almunia, explained that provisions that the SGP contains on exceptional circumstances will therefore enable the Commission to apply (on sound intelligence) and...