Central Bank Slams EU's New Budget Pact (Reuters)

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March 21st, 2005, 12:01 PM

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Central Bank Slams EU's New Budget Pact (Reuters)

Reuters - The European Central Bank on Tuesday
slammed an accord among finance ministers that relaxes the
fiscal rules underpinning the euro by giving governments a
range of let-outs to escape punishment over bloated deficits.

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