The EU Needs To Confront The Looming Debt Crisis
October 21, 2009
For the first time in its 50 year history the majority of EU member states is confronted with the risk of an unsustainable debt burden. Most member states have the “constitutional debt limits” imposed by the Maastricht treaty almost 20 years ago, according to which member states must restrain their annual budget deficits to a… » read more
Posted by Eberhard Rhein
, budget deficits, Debt Crisis, EU Commission, Financial Crisis, Maastricht treaty, population growth |