BREAKING NEWS

France: Opposition may delay EU budget treaty

By REUTERS

DECEMBER 11, 2011 18:57

PARIS - France's imminent election campaign could throw the newly agreed EU plan for budget policy coordination into disarray, the French budget minister said on Sunday, warning that President Nicolas Sarkozy's opponents may stall necessary legislation.

"Speed is vital to restore confidence," Valerie Pecresse told Europe 1 radio. "France has to set the example. It has been at the origin of this treaty with Germany and it would be a paradox if it was blocked for three months because there is a presidential election. This is a call for national unity."

Socialist Francois Hollande, leading the challenge to the Sarkozy at April's presidential election, opposes Sarkozy's proposal to write a requirement to balance the state budget - a so-called "golden rule" - into France's constitution.

Minister says Qatar will stop EU gas sales if fined

By REUTERS

12/22/2024 07:18 AM

IDF to conduct military exercise in Jordan Valley area on Sunday

By JERUSALEM POST STAFF

12/22/2024 07:16 AM

US fighter shot down in 'apparent case of friendly fire' over Red Sea

By AMICHAI STEIN , REUTERS

12/22/2024 05:39 AM

Earthquake of magnitude 5.48 strikes South Africa, GFZ says

By REUTERS

12/22/2024 03:09 AM