Germany Secures Last-Minute Changes on Path to EU Fiscal Reform
- EU finance ministers adopt conclusions on review of debt rules
- Gentiloni says clear commitment to conclude process this year
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Germany backed a set of joint conclusions among European Union finance ministers on an ongoing review of the bloc’s fiscal rules after it secured last-minute changes to guarantee a greater say for member states.
The country’s finance ministry, led by Christian Lindner, made surprise proposals on the eve of a meeting of EU counterparts in Brussels on Tuesday, when countries had expected to sign off on a draft text agreed two weeks ago on progress to reform the Stability and Growth Pact.