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Also in this newsletter: why immigration is reopening old Brexit wounds in Ireland
Also in this newsletter: How Gazprom is trying to re-enter European football
Poland and others push to be exempt from ‘excessive deficit procedure’ owing to their high defence spending
Finance minister says nation needs ‘wake-up call’ on excessive spending
Many EU countries with biggest shortfalls have high levels of debt and budget deficits
The UK’s spending rules and procedures are not working
Attempts designed to encourage probity from politicians mostly end up pushing them to game the system
Government pledges another €10bn in cuts due to lower than expected economic expansion
Changes to Stability and Growth Pact will increase pressure on governments to spend less
Member states have tried tinkering with them before — and it didn’t work
Return of tight budget rules will end three years of supportive fiscal policy
Compromise will phase in a sweeping overhaul of the union’s complex budget framework
Plus: Is Geert Wilders any closer to becoming Dutch PM?
Overnight negotiations end without a deal, as end-of-year deadline looms
Also in this newsletter: How a state visit could cement warmer relations between Greece and Turkey
Commission calls on Germany, Portugal and Malta to remove measures as soon as possible
Also in this newsletter: How Poland’s election result could unblock its EU recovery funds
Finance minister Bruno Le Maire’s remarks come amid criticism of sluggish effort to curb government borrowing
Also in this newsletter: Luxembourg’s PM had a bad day at the polls
Also in this newsletter: an audacious criminal heist shakes Montenegro
Stability and growth will always clash
Also in today’s newsletter: the broken asylum system at the heart of Europe
Commitments come after economy narrowly avoids ratings downgrade
Also in today’s newsletter: Europe seeks a new positive agenda with Latin America
Also in this newsletter: how domestic wrangling is (still) holding back Poland’s EU funds
International Edition