Denmark and Finland Reject More Common EU Debt

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The Council of Ministers of Economy and Finance of the European Union (EU) on Tuesday endorsed the recommendations of the European Commission on the application of the tax exemption on defence costs.

Iltalehti

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Debates are being held in Brussels for and against the European Union's joint debt. The background is rumors about a possible proposal from the Commission. Discussions are bubbling around a possible joint European Union debt, Finance Minister Riikka Purra (PS) said at a press conference in Brussels. The discussion about the Union's joint debt came up at Monday's Eurogroup meeting. The discussion also continued at the ministers' dinner at the end…

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Finance Minister Riikka Purra (PS) confirmed in Brussels on Tuesday that the Eurogroup meeting discussed a possible new EU joint debt.

ceskenoviny.cz

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Brussels - The Council of the European Union today activated the so-called national exemption from the Stability and Growth Pact to increase defense spending for 15 countries, including the Czech Republic. The Council, which represents the member states, announced this in a press release today after a meeting of the finance and economy ministers of the 27.