The European parliament in Strasbourg on Tuesday approved the so-called Two Pack measures aimed at strengthening the Stability and Growth Pact that imposes rules on national governments´ spending to avoid another financial crisis. EPP Group MEP Jean-Paul Gauzès, a rapporteur, says the measures will also serve as an early warning system to prevent future crises from excessive deficits.

Economic and Monetary Affairs , Jean-Paul Gauzès

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