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Budget Veto Powers

Budget  Veto PowersBudget  Veto Powers

German Finance Minister Wolfgang Schaeuble said Sunday the European economic and monetary affairs commissioner should have veto powers over national budgets that breach eurozone criteria, AFP reported. Such a reform would send “a strong signal that we truly honor our commitments”, he said ahead of a European summit in Brussels next month, in an interview published in news weekly Focus.

 

Financialtribune.com