- #1
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Why don't Germany and France have to comply to the rules? According the the stability pact, a country in the EU is not allowed to have a budget deficit larger than 3%.
France has 3.5% and Germany 4%, in a meeting last night the other EU countries voted on the issue. Spain, Finland, Austria, and The Netherlands voted to have Germany and France face the consequences as was agreed upon in the rules when they joined the EU.
For some reason the other countries look the other way and let Germany and France carry on their deficit. This is a good thing?
France has 3.5% and Germany 4%, in a meeting last night the other EU countries voted on the issue. Spain, Finland, Austria, and The Netherlands voted to have Germany and France face the consequences as was agreed upon in the rules when they joined the EU.
For some reason the other countries look the other way and let Germany and France carry on their deficit. This is a good thing?