Senior European officials said Tuesday it could be difficult to convert last week's political deal among European Union member states into a watertight legal pact, signaling a fresh concern about the region's latest response to the debt crisis.
In remarks to the European Parliament in Strasbourg, European Council President Herman Van Rompuy said the fact that the U.K. had vetoed an EU-wide agreement, forcing member states to sign a separate intergovernmental accord, would complicate the task of implementing new, stricter fiscal rules.
"An intergovernmental treaty was not my first preference, nor that of the most of the member states ... It will not be easy, also legally speaking. I count on everybody to be constructive bearing in mind what is at stake," he said.
http://online.wsj.com/article/SB10001424052970203430404577095811494434538.html
In remarks to the European Parliament in Strasbourg, European Council President Herman Van Rompuy said the fact that the U.K. had vetoed an EU-wide agreement, forcing member states to sign a separate intergovernmental accord, would complicate the task of implementing new, stricter fiscal rules.
"An intergovernmental treaty was not my first preference, nor that of the most of the member states ... It will not be easy, also legally speaking. I count on everybody to be constructive bearing in mind what is at stake," he said.
http://online.wsj.com/article/SB10001424052970203430404577095811494434538.html
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