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EU Finance Ministers Closer to Breakthrough on Debt Rules

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European Union finance ministers are moving closer to an agreement this year on implementing new fiscal rules as Germany and Italy show readiness to compromise after months of sparring over how to rein in the bloc’s debt.

Paolo Gentiloni , the EU’s economy chief, said on the sidelines of a meeting of finance chiefs in Santiago de Compostela, Spain on Saturday. “This is an important and positive development.”.

Paolo Gentiloni , the EU’s economy chief, said on the sidelines of a meeting of finance chiefs in Santiago de Compostela, Spain on Saturday. “This is an important and positive development.”
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