The European Commission must sanction Spain and Portugal for breaching deficit rules “if [it] wants to keep its credibility,” Günther Oettinger, the bloc’s digital economy commissioner, told the Bild newspaper.
“Both countries have not respected their self-imposed budget obligations in 2015. I think that if the Commission wants to keep its credibility on budget rules, it has to impose sanctions on Spain and Portugal,” the German commissioner said in an interview published late Sunday.
In May, the Commission said it would revisit in July whether to fine Spain and Portugal for last year exceeding the EU’s deficit limit of 3 percent of …read more
Source: European Voice
