Germany proposal to punish slow reformers like Portugal - A - TopicsExpress

Germany proposal to punish slow reformers like Portugal - A proposal was signed by the German Ministers of Finance and Economics and was delivered to the European Commission in October.Germany wants to tighten its grip on the reform process in the euro area, arguing that the recommendations of the European Commission are binding and that countries that do not comply within a specified period will be penalised with cuts in funding.

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