The Traderszone Network

Published in TZ Latest News 4 July, 2016 by The TZ Newswire Staff

Germany: EU budget rules must be adhered to, generally

Could Portugal and Spain be sanctioned over breaking budget rules?
Spain and Portugal risk fiscal sanctions over their excessive deficits yet the German finance ministry seems less than keen on hitting both countries with them. When asked about sanctions, a finance ministry official said; “Generally speaking, rules must be adhered to”.