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MNI BRIEF: EU Fiscal Deal Likely, Maybe Not At Dec 8 Meet

(MNI) Brussels
(MNI) Brussels

While progress is being made towards a deal on a new EU fiscal regime, whether it can be concluded at what has been billed as a crunch meeting of finance ministers on December 8 is another matter, a senior EU official told reporters Wednesday.

Whether this would happen at this week’s meetings, the official said, “I can’t tell you, but I think we are quite close”, cautioning that there would still be some way to go even once an agreement is reached.

EU finance ministers will meet over a dinner Thursday ahead of the key Dec 8 meeting to discuss the remaining obstacles to a deal and how to overcome them in a more informal setting.

MNI Brussels Bureau | david.thomas.ext@marketnews.com
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MNI Brussels Bureau | david.thomas.ext@marketnews.com
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