New fiscal rules a 'fresh start' as European Parliament vote passes
The European Parliament on Tuesday voted to adopt new fiscal rules governing the amount of public debt an EU country can accumulate and the size of a budget deficit permitted. German EU lawmaker Markus Ferber from the conservative Christian Social Union (CSU) said in a statement the new rules were "a fresh start and a return to fiscal responsibility." Portuguese EU legislator Margarida Marques from the centre-left Socialist and Democrats (S&D) said the changes allowed for social needs and "provi