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France’s eurozone budget ambitions hit Hanseatic wall

Bjarke Smith-Meyer and Hannah Brenton,(2019), «France’s eurozone budget ambitions hit Hanseatic wall», Politico, 11 Οκτωβρίου

EU finance ministers agreed on the general structure of a scaled-back eurozone budget after eight hours of talks Wednesday night. On the way to agreement, they put in safeguards requested by Nordic countries. France was pushing for a credible cash pot to support reforms in eurozone countries and ultimately help absorb sudden economic shocks across the currency union.

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