European Parliament favours Stability Pact relaxation

(AGI) Strasbourg, July 1 - European Parliament President MartinSchulz says he is confident Euro-MPs will vote in favour of aneasing of EU-mandated budget constraints. With severalgovernments, including Italy's, calling for a relaxation ofdeficit caps, Schulz said recent European Council proceedingssuggested governments are likely to agree to "greater StabilityPact flexibility". . .

(AGI) Strasbourg, July 1 - European Parliament President MartinSchulz says he is confident Euro-MPs will vote in favour of aneasing of EU-mandated budget constraints. With severalgovernments, including Italy's, calling for a relaxation ofdeficit caps, Schulz said recent European Council proceedingssuggested governments are likely to agree to "greater StabilityPact flexibility". . .