Rinkevics warns of 2-tiered Europe

  • 2012-01-25
  • From wire reports
RIGA - European governments will only get bailout support if they ratify a new pact to enshrine a so-called ‘golden rule’ on mandatory balanced budgets, under the latest draft, reports AFP. “The granting of assistance in the framework of new programs under the European Stability Mechanism (ESM) will be conditional, as of March 1, 2013, on the ratification of this treaty,” says the draft text, which is being prepared for a Jan. 30 EU summit due to give its approval.Negotiators working on a pact to be signed by 26 of the 27 European Union states - with Britain ...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section