The European Parliament's economics committee yesterday backed a set of laws which will strengthen the EU's powers over member states' budgets and debts as it attempts to prevent a future financial crisis.
The so-called "six-pack" of measures to boost economic governance will give the European Commission a much greater role in policing member states' finances as part of a package to strengthen the Stability and Growth Pact. The proposals were first put forward by the commission and the European Council.
The so-called "six-pack" of measures to boost economic governance will give the European Commission a much greater role in policing member states' finances as part of a package to strengthen the Stability and Growth Pact. The proposals were first put forward by the commission and the European Council.
