1 February 2012
Heads of states and of governments in the European Union have sought once again in Brussels to prove to the markets that they can work together to find solutions to the debt crisis. Politicians, among them Romanian president Traian Basescu, have adopted the final form of a treaty that imposes the introduction of debt limits in member states’ national fundamental laws and commits the European Union to a path of tight fiscal discipline.
The agreement is seen by Great Britain, one of the states that have not accepted it, as Germany’s victory in its campaign of imposing its own conditions for the revival of the eurozone, and as an austerity treaty by the French press, even with France being one of Berlin’s traditional allies.
Read the article on ZF.ro (Author Bogdan Cojocaru)
Read President Traian Basescu’s press release
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