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Several eurozone countries risk breaking EU budget rules

Nov. 17, 2015 6:18 AM ETEWI, EWO, EWP, EWQ, QESP, HEWP, HEWIBy: Yoel Minkoff, SA News Editor
  • Italy, Lithuania, Austria and Spain risk breaking European Union rules with their 2016 budget plans, the European Commission declared today, stating that France might also come short of its fiscal targets.
  • The Commission checks draft budget plans of eurozone countries every year to see if they are in line with the Stability and Growth Pact, which sets rules for EU budgets.
  • Costs associated with Europe's migrant and refugee crisis are being treated as a special case.
  • ETFs: EWP, EWI, EWQ, EWO, QESP, HEWI, HEWP

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