European leaders are expected to loosen the economic shackles once demanded by Germany as the recession and mounting unemployment in southern Europe shove aside the debt crisis as the euro area’s biggest headache.
Taoiseach Enda Kenny has travelled to Brussels today for a two-day summit starting today that is likely to endorse plans for “structural” assessments of national budgets, according to a draft statement, using code for granting countries such as France, Spain...
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