RSMI Talking Points offers the latest news on international economic issues. This update is a must for organisations working in multiple countries or regions and for those businesses who are looking to expand their operations across borders.
December 2011: The Brussels Agreement
In this issue we look at:
On December 9, the European Council met in Brussels to devise a resolution of the Euro crisis that imperils the still fragile recovery from the global financial crisis. The Brussels Agreement includes a range of measures aimed at deepening fiscal integration in the Economic and Monetary Union (EMU) and disciplining Euro zone countries whose financial excesses precipitated the crisis.