Thursday, December 8, 2011

FAIL: All EU 27 Countries Won't Back A Treaty Change

Say hello to a two tier EU. According to the AP report European Union leaders failed to get the bloc's 27 members to back a change to the EU treaty and the 17 eurozone countries are now trying to reach their own accord, an EU official said Friday.

Other non-euro countries are invited to join the new treaty, which is meant to set up much tighter rules on national fiscal policy for the 17 countries that use the euro in an attempt to solve the worsening debt crisis, the official said….

Read more: http://www.businessinsider.com/eu-fails-to-agree-on-treaty-change-with-27-states-2011-12

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