Europe moves to save the euro
Ministers back steps for greater sanctions to stop nations from taking on too much debt.
Published On 21 May 2010
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