EU leaders put pen to paper on new fiscal treaty

2012-03-02 5

Signed; yes. Ratified; not yet! Despite that, Europe's leaders have finally come up with the treaty they say will save the euro.

The new so called fiscal compact aims to get a grip on the bloc's debts through tighter budget rules, something the EU's newly reappointed Council chief, Herman Van Rompuy, said they weren't just doing for fun.

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http://www.euronews.net/