EU launches sanctions procedure against Spain, Portugal on deficits
Eurozone finance ministers agreed Tuesday to officially begin a sanctions procedure against Spain and Portugal for doing too little to fix their rule-breaking deficits.
Jul 12, 2016, 18:03 PM IST
France says will not meet EU deficit rules until 2017
Crisis-wracked France on Wednesday pushed back its target to hit EU deficit rules by two years, potentially putting the eurozone`s second-biggest economy on a collision course with Brussels.
Sep 10, 2014, 13:23 PM IST
