EUROZONE DEFICITS
January 1st, 2004
BY KEITH NUTHALL1. THE stage has been set for one of the fiercest internal EU legal battles in recent years following a decision by the European Commission to take the Union's member states to court over their refusal to punish France and Germany for breaching the euro zone rules last November. The Commission has asked for a "fast track" procedure, meaning a decision could come within six months.If the European Court of Justice upholds the Commission it means the two countries may face massive fines though there is also a risk that relations between Brussels and ...
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