Home » Business » The Eurozone accuses Spain and Portugal of violating budget rules – 2024-08-06 01:29:21

The Eurozone accuses Spain and Portugal of violating budget rules – 2024-08-06 01:29:21

/ world today news/ Eurozone finance ministers have agreed to formally declare that Spain and Portugal are in breach of EU rules on public spending, a key step towards possibly imposing unprecedented sanctions against Eurozone members.

“Tomorrow the members of the eurozone will vote in favor of the commission’s recommendation unanimously,” said Jeroen Dijsselbloem, who is the leader of the group of 19 finance ministers of the EU countries that use the euro. /AFP

Brussels, Belgium

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