Czechs abandon EU fiscal pact, for now (euobserver)

The new EU treaty on fiscal discipline will be signed by 25 instead of 26 member states after the Czech Republic on Monday (30 January) joined the UK in staying out of the pact. Czech Prime Minister Petr Necas told journalists at a summit in Brussels that his country might join in future.

non-euro-using signatories will participate at least once a year and will take part in all summits which discuss competitiveness or changes to the “architecture” of the eurozone.

Czechs abandon EU fiscal pact, for now (euobserver)

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