01
Feb
At a summit in Brussels Monday, European Union leaders agreed to sign a treaty to enforce budget discipline in the eurozone and took several new steps designed to stimulate economic growth.
The new treaty, known as the fiscal compact, sets strict rules for government budgets and imposes sanctions on countries that breach EU budget deficit limits. All EU Member States — except Britain and the Czech Republic — agreed to sign the treaty.
"The Treaty is all about more responsibility and...