With the new fiscal compact 25 EU states will include a debt ceiling in their national legislation and accept automatic sanctions for deficit sinners. But the agreement is of little use without domestic reforms, write some commentators, while others feel the pact is completely superfluous.
With articles from the following publications: 24 Chasa - Bulgaria, Lietuvos rytas - Lithuania, Mladá fronta Dnes - Czech Republic, Magyar Hírlap - Hungary
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