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9/6/10

EU Seeks Stronger Euro-Area Management After Germany Warns Rebound Slowing - by James G.Neuger

European Union governments sought to strengthen the management of the euro region as Germany warned that the economic rebound is slowing its push for stiffer sanctions on high-deficit countries.

EU finance ministers weighed ideas for improving national budget management, monitoring countries at risk and imposing sanctions on rule-breakers, EU President Herman Van Rompuy said in a statement after chairing a brainstorming session in Brussels tonight.

For more: EU Seeks Stronger Euro-Area Management After Germany Warns Rebound Slowing - Bloomberg

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