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Tag: six-pack

Brussels wins new powers over national budgets - 20 February 2013 - News

The European Commission will check eurozone countries' draft budgets to verify whether they are in line with EU rules and will ask for changes if they are not, under a deal struck today (20 February) with the European Parliament, which adopted the so-called two-pack bundle of legislation.

Europe's leaders are suffering from amnesia - 20 June 2012 - Opinion

The financial and economic ills afflicting Europe would be treated more effectively if those who govern the Union - in fact, national leaders gathered at EU summits - were not themselves suffering from amnesia, writes Alain Lamassoure.

MEPs give green light to negotiate new fiscal discipline package - 14 June 2012 - News

The European Parliament approved yesterday (13 June) an economic governance package that foresees setting up a redemption fund to help countries in financial trouble and gives more power to the EU to control national budgetary and economic policies. That gives a clear mandate to start negotiations with EU ministers that are expected to last for months.

MEPs to pass economic governance ‘two-pack’ - 13 June 2012 - News

The new economic governance rules to strengthen eurozone budgetary discipline, known as the ‘two-pack’, are expected to be passed in a vote today (13 June) in the European Parliament. 

Belgian minister vows to resist 'ultra-liberal' Commission - 08 March 2012 - News

Belgium's enterprise minister Paul Magnette criticised the European Commission for being "too tough" on his country and pleaded for more "margin of manoeuvre" for national governments to enforce EU budget discipline rules.

EU readies economic sanctions against Hungary - 20 February 2012 - News

Hungary is set to become the first country hit by the EU's new economic sanctions as the European Commission prepares to announce proposals to suspend part of the country's regional funding for failing to correct its excessive deficit.

EU wins battle over national debt vetting - 15 September 2011 - News

Members of the European Parliament are rejoicing today (15 September) as they announce new rules which for the first time will grant more power to Brussels than to member states in policing the debt levels of troubled eurozone countries.

Lawmakers near breakthrough on economic 'six-pack' - 08 September 2011 - News

The European Parliament is getting closer to a breakthrough on the 'six-pack' of economic governance legislation, Guy Verhofstadt, leader of the liberal ALDE group, told Brussels journalists yesterday (7 September).

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