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Finance Ministers Reach Agreement On Reform Of Fiscal Rules

EU

Wires reporting that EU finance minister have reached an agreement on the reform of fiscal and debt rules within the Union. The ministers held informal ECOFIN meeting virtually earlier today, and following the agreement reached between German Finance Minister Christian Lindner and his French counterpart Bruno Le Maire on 19 Dec, it appears that the other 25 member states have agreed to the deal brokered between Paris and Berlin.

  • The deal will still require the sign-off from the European Parliament early in 2024.

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