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Sunday, October 7, 2012

Single euro-zone budget gains momentum ahead of summit

Greek and others European national flags flutter near an euro symbol outside the EU Parliament in BrusselsBRUSSELS (Reuters) - Debate about the idea of creating a separate budget for euro zone countries is intensifying in the run up to an EU summit later this month, with less opposition to the proposal than many officials first expected, diplomats say. At a private dinner held last week among the EU ambassadors of several northern European countries, including Britain, Denmark, the Netherlands and Finland, those present were surprised to find a fair degree of consensus on the proposal. ...



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