Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Annular eclipse will be visible in South America, Africa on Feb 26Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
Russian skier wins gold in skiathlon at 2017 FIS Nordic World Ski ChampionshipsSport February 25, 17:46
Top US Air Force general points to growing conflict potential in Syrian airspaceWorld February 25, 17:17
Iran relies on Russia’s support in production of fuel for nuclear power plantsBusiness & Economy February 25, 16:20
Ukrainian military capture Donetsk water purification plant — spokesmanWorld February 25, 15:05
Azerbaijan and Armenia report armed clashes in Karabakh conflict areaWorld February 25, 11:45
BRUSSELS, December 9 (Itar-Tass) —— European Union leaders agreed on key provisions of an agreement to tighten budget and tax rules to balance proceeds and expenditure, a diplomatic source said on Thursday.
“There is a deal between leaders on the new fiscal compact,” said the EU official adding legal issues are yet to be discussed.
It has been agreed that all EU countries should include the requirement to maintain balanced budgets into their constitutions. In case the budget deficit exceeds three percent of the GDP the violator-country will be automatically fined unless sanctions are blocked by a qualified majority or three-quarters of member states.
Experts believe this would be a compromise between the French-German anti-crisis plan and proposals drafted for the summit by EU Council President Herman Van Rompuy.