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EU Leaders Clash Over Limits On Budgets And Debt

wochit politics
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June 27, 2014 AT 4:30 AM
European Union leaders are clashing over whether to loosen the bloc's rules overseeing national budgets and limiting how much debt governments may take on. Italy, Belgium and others are arguing more flexibility is needed to foster growth but the more hawkish northern European nations including Germany reject easing the rules limiting deficit and debt levels.