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Deal on 'two pack' 'within reach' - Rehn (Photo: consilium.europa.eu)

Deal near on eurozone economic governance laws, says Rehn

MEPs and ministers are on the verge of agreement on far-reaching economic governance proposals for eurozone states, according to EU economic commissioner Olli Rehn.

The proposals give the commission more powers to scrutinise national budgets and demand changes to national debt and deficit reduction programmes.

Speaking with reporters after a meeting of euro finance ministers on Monday (11 February), Rehn said that "a positive conclusion … is within reach."

He added that the ...

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