European Fiscal Board

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Strasbourg, France, Oct. 27, 2015: European Commission President Jean-Claude Juncker hopes to win back public opinion by transferring still more power to ‘Eurocrats’ (source: dpa)

Proposed fiscal board may widen political rifts in EU

The European Commission announced in October that it is creating a new agency tasked with helping member governments draft and manage their budgetary policies. At the same time, it asked a study group to examine the possibility of introducing a European guarantee on bank deposits in the eurozone. Summary <i&g...
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