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28-02-2012

Economic governance rules: round two

A financially-troubled Eurozone member state could be placed under bankruptcy style legal protection and Commission surveillance powers should be more closely controlled to ensure legitimacy, say two draft texts presented in the Economic and Monetary Affairs Committee on Tuesday, in response to the Commission's "two pack" legislative proposals on further economic governance and policy monitoring.

Click on link below for  full press release:

ECON 28-02-2012