Go to ...

The Newspapers

Gathering and spreading news from various Russian Newspapers

The Newspapers on Google+The Newspapers on LinkedInRSS Feed

Wednesday, February 22, 2017

EU to fine Spain and Portugal


The EU can impose a fine on Portugal and Spain for insufficient efforts to reduce deficits in their budgets. On Tuesday, the Council of Ministers of economy and Finance of the countries of the European Union (ECOFIN) issued a press release which stated that Portugal and Spain had not taken effective action.

The penalty can be 0.2% of the GDP of these countries.

Within 20 days, the Commission must submit a proposal for sanctions to be reduced or even be zero.

Sanctions . Chronicle of events

Related posts:
Ukrainian mayors may quarrel because of "Eurovision-2017"
Putin gave the installation to the polls
"Ordered to strike the sea": which instant messengers disappear in Russia after the law of...
Published video of attacks: Iran and Russia will "wet" the terrorists together

Recommended

More Stories From Politics