Europe moves to save the euro

Ministers back steps for greater sanctions to stop nations from taking on too much debt.

    " /> ">

    European finance ministers have taken their first steps towards punishing countries that do not honour the rules on keeping national debts and deficits down, including cash penalties

    Friday's decision came after the officials met in Brussels, Belgium's capital, for discussions on saving the value of the euro.

    Al Jazeera's Alan Fisher reports from Brussels.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Assad to Putin: Thank you for 'saving our country'

    Assad to Putin: Thank you for 'saving our country'

    Russian and Syrian presidents meet to discuss strategy against 'terrorism' and political settlement options.

    What is behind the covert Israeli-Saudi relations?

    What is behind the covert Israeli-Saudi relations?

    Analysts say that the recent covert ties between Israel and Saudi Arabia are due to a new regional paradigm.

    Is Saudi Arabia becoming a danger to the region?

    Is Saudi Arabia becoming a danger to the region?

    We talk to US Congressman Ro Khanna about power politics and debate Mohammed bin Salman's new strategy for the Kingdom.